Based on the information you have provided you do not seem to require statutory pension insurance. Contact us to make sure. Telephone: +358 010 192 102Based on the information you have provided you require TyEL insurance for your employees.Based on the information you have provided you require TyEL insurance for yourself and your employees. One TYEL application is enough.Based on the information you have provided you require YEL insurance as an entrepreneur and TyEL insurance for your employees.Based on the information you have provided you require TyEL insurance as an entrepreneur.Based on the information you have provided you require YEL insurance as an entrepreneur.
The insurance cover has been calculated using the following assumptions
The YEL earnings have been in force for two years. The unemployment cover has been calculated under the assumption that the person does not have dependent children. An estimated effect of the life expectancy coefficient is included. The person lives in Finland. The calculated insurance cover applies to this insurance only and should be considered approximations. The purchasing power of the pension estimate corresponds to present-day values.
Entrepreneurs are entitled to a daily sickness allowance when unable to work due to illness provided that they have worked as an employee or entrepreneur for at least three months prior to the disability. If the work requirement is not fulfilled, the entrepreneur is entitled to sickness allowance only after 10 consecutive days of disability. Entrepreneurs are entitled to unemployment allowance when becoming unemployed after ending their entrepreneurial activities. Receiving earnings-related unemployment allowance requires membership in an unemployment fund. The YEL insurance contribution can be paid by the entrepreneur or by the company. The contribution is deductible for both. YEL provides security also in the event of disability or the death of a family provider. YEL pension is the amount of old-age pension according to the earned income you entered.
Transfer your YEL insurance to Varma
We are the most solvent earnings-related pension company and therefore a safe choice.
You can get partial old-age pension already before the pensionable age for old-age pension. Its amount is 25% or 50% of the accrued pension and the age limit is 61 years. If retirement begins before reaching the pensionable age for old-age pension, the withdrawn portion will be subject to a reduction. The reduction is permanent.
Vocational rehabilitation is the primary approach when your work ability is threatened by illness. We can support an entrepreneur’s continuation in working life by granting a business subsidy for changing the business operations or establishing a company. Return to work after a period of illness can be supported with a work trial. Discuss your situation with your physician and ask for a Medical Statement B to be appended to your application for rehabilitation.
Disability pension can be full, partial or fixed-term, i.e. the cash rehabilitation benefit. Illness is the main grounds for pension. You can get an estimate of the pension amount from our online service. Years-of-service pension is possible if you are at least 63 years old, have had strenuous and wearing jobs for at least 38 years and your work ability is reduced.
Survivors’ pension is paid to children under 18 and to the surviving spouse when a family wage earner dies. The surviving spouse’s entitlement to survivors’ pension is subject to additional terms and conditions related to the year of marriage, for instance.