Monthly or annual notification?

As an employer, you report your employees’ earnings to the pension insurance company. The notifications can be made monthly or annually. Earnings data is required for the calculation of insurance contributions and pensions.

If you opt for monthly notification, your contributions are based on actual payroll figures and are therefore always up-to-date. You report the payroll information to us electronically no later than the 20th day of the month following the payment of salaries or wages. In months where no salaries or wages are paid at all, no notification is required.

If you choose annual notification, your contributions are based on a provisional payroll, i.e. an estimate. If necessary, you can change the estimated amount during the year and choose the due months that best suit you. You must report the actual payroll information at least once a year, before the end of January.

Your chosen notification method is in force for the full calendar year. If you wish to change your method of notification, please call us at 010 192 102 by the end of November to settle the matter.

Find out which would suit you better – monthly or annual notification.