As of the beginning of 2026, amendments will be made to the terms and conditions of earnings-related pension insurances for both entrepreneurs (YEL) and employers (TyEL). The amendments to the insurance terms and conditions have been confirmed by the Ministry of Social Affairs and Health and apply to all earnings-related pension companies.
Amendment to the TyEL insurance terms and conditions
Employers still have the right to borrow from the fund accumulated from the pension contributions but, in future, the maximum amount for the premium loan is EUR 10 million.
Amendment to the YEL insurance terms and conditions
As a result of the amendment to the insurance terms and conditions for entrepreneurs, the interest credit policy will change. In future, no interest will be credited for paying the insurance contributions before their due date. No interest is credited to contributions that may be credited or refunded.
You can find the updated TyEL and YEL insurance terms and conditions on our website