The idea is that an entrepreneur's YEL income is changed whenever necessary. As long as your YEL insurance is in force, it is your responsibility to report any long-term changes in your work input. For example, let us know when your turnover, working hours or industry changes. So apply for a change in your income, for example when you move from part-time to full-time self-employment or vice versa.
You can apply for a change to your YEL income as often as necessary, but not retroactively. Apply for a change in YEL income in Varma Online Service. The earliest you can change your YEL income is from the date of receipt of your application, i.e. you cannot change your YEL income retroactively.
You can easily apply for a change to your YEL income in Varma Online Service. Go to to Insurance > Insurance policy information > Apply for a change in your YEL income, fill in the form carefully and send it to us. We will process your case and ask you for more information if necessary.
Apply for a change in your YEL income in the Online Service
Once your case has been processed, you will receive a decision on the change in your YEL income. The decision is subject to appeal, which means you have 30 days to appeal against the decision you receive. You can find instructions on how to appeal here. The instructions are also attached to the decision.
When is the YEL income changed?
It is in your best interests to keep your YEL insurance up to date. You are responsible for reporting any longer-term changes that occur in your work input. If you work more than before, apply for a change in your YEL income. Apply for a change in your YEL income also if you work less due to, for example, studies or family reasons.
Keep in mind that your YEL income is not the salary you pay yourself, but the monetary value of your work input in one year. Receiving larger social benefits or a virus epidemic, for example, are not grounds for changing one’s income level.
YEL income is adjusted yearly with the wage coefficient
YEL income is adjusted by law with the wage coefficient yearly on the first day of January. The objective of the adjustment is to keep your YEL income up with the general development of wages and prices. The Ministry of Social Affairs and Health confirms the wage coefficient yearly by the end of October.