We support both employers and employees when undergoing changes in the employment relationship.
Earnings-related pension supports your livelihood when you retire from working life. Both employees and entrepreneurs accrue pension according to the same rules. Pension provides safety in many different life situations.
A prolonged illness and decline in work ability may cause changes to the employment relationship, a risk of disability as defined by law as well as a decrease in the income level. Disability pension secures livelihood when illness and long-term decline in work ability prevent working.
Disability pensions include:
- disability pension
- partial disability pension
- cash rehabilitation benefit or temporary disability pension
- partial cash rehabilitation benefit
You may be eligible for a disability pension if
- your work ability has decline as a result of an illness, handicap or injury during an uninterrupted period of at least one year as specified in the law
- the applicant is younger than the lowest retirement age for their age group
The applicant’s state of health determines whether the disability pension is granted until further notice or for a set time. If it is possible to restore work ability through treatment and rehabilitation, the pension is granted for a set time. A temporary disability pension is called a cash rehabilitation benefit. The applicant may be granted a partial disability pension if their work ability has declined but is still sufficient for part-time work.
If the requirements for vocational rehabilitation or disability pension are not met, you can always contact us to discuss further. We will gladly redirect you to get further guidance.
More information: disability pension and other pensions
Preventing disability pensions means savings in TyEL insurance contributions
Large employers can affect the amount of their TyEL insurance contributions by promoting the work ability and well-being of their employees. Each disability pension granted to an employee can affect the contribution category of a large employer, thereby also affecting the amount of the disability pension contribution.
A large employer in 2021 is any company that had a payroll of more than €2.13 million in 2019. If a company’s payroll in 2019 was more than €2.13 million but less than €34.0 million, the employer is subject to partial liability. In this case, the disability pension contribution will be determined partly by the company’s contribution category and partly in accordance with its basic contribution. If a company’s payroll in 2019 exceeded €34.0 million, the employer is subject to full liability and the disability pension contribution is determined in accordance with the company’s contribution category.
Minimising the risk potentially caused by disability pensions requires that your company invests in good solutions and models to promote well-being at work. We will gladly work with you to find the best possible solutions.
More information: the effects of the contribution category model on a large employer’s TyEL insurance contribution.
Support for an employee’s exit discussion
An employment relationship may come to an end when an employee’s career continues elsewhere. It is important for the employer to get information about strengths and development needs for the further development of operations. This can be achieved through, for example, an exit discussion with the employee. You can find a template to help you organise the exit discussion in our online service.