What determines the price of YEL insurance?
The price of YEL insurance is calculated on the basis of your YEL income. For your own pension and other social security benefits, it is important that your YEL income is at the correct level right from the start.
The price of your YEL insurance depends on your YEL income. Test out our Calculator for the self-employed to estimate the impact of your YEL income on your social security and pension accrual, and on your insurance contributions.
The Ministry of Social Affairs and Health confirms the contribution percentages annually. In 2023, the contribution percentages are
- 24.10% for those aged 18–52
- 25.60% for those aged 53–62
- 24.10% for those aged 63–69
See the table where we have gathered social security contributions and limits