Veritas will pay its customers client bonuses in April. The bonuses will be applied as a discount on the TyEL contribution invoice for April.
Client bonuses are based on the solvency capital of the earnings-related pension insurance company.
“Due to good investment returns, our solvency capital in euros increased and our solvency ratio strengthened during 2024. As a result, the total amount of client bonuses in euros grew from 2023”, says Teppo Rakkolainen, Chief Actuary at Veritas.
The amount of the client bonus can be viewed in the online service
Client bonuses are paid to companies that have at least one employee insured under TyEL. The amount of the client bonus is based on the amount of TyEL insurance contributions paid by the company and the duration of the customer relationship with Veritas.
“The longer the customer relationship with Veritas lasts and the more wages the company pays, the larger the bonus given on the TyEL insurance contributions,” says Linda Mattsson, TyEL Product Manager at Veritas.
The amount of the client bonus can be checked in Veritas’ online service.
If the client bonus cannot be deducted from the TyEL contribution, it will be paid in cash to the customer’s bank account.
“For the possible payment of client bonuses or refunds of insurance contributions, we need customers to provide a valid bank account number. The bank account number can be submitted under ‘Messages and activities’ in our online service.”
Read more: Client bonuses
