Flexibility in YEL contributions
As a self-employed person, you can adjust your YEL contributions to flexibly adapt to your financial situation. You can pay 10–100 per cent higher contributions or 10–20 per cent lower insurance contributions.
You can flexibly adjust your YEL contributions if
- your insurance is valid for the full calendar year with the same pension insurance company
- you do not have overdue, unpaid YEL contributions
- you do not yet receive earnings-related pension from Finland
- you do not receive the contribution discount for new entrepreneurs
You can reduce your contributions for a maximum of three years within seven consecutive calendar years, but additional contributions, however, you can make every year.
Flexibility in YEL contributions only affects pension and not, for example, daily allowances or unemployment cover paid according to the Health Insurance Act. Those are calculated based on your confirmed YEL income.
If you want to use the flexibility option, send us a written notice. Be sure to submit the notice in good time, as the application must be processed and the additional contributions must be paid during the year of flexibility. If you need more information about the flexibility option, call us +358 10 192 102 or send us a secured email.
Read more: Flexibility in YEL contributions (pdf).