TyEL Contributions, % of Gross Earnings
| 2022 | 2023 | |
| Employer with Insurance (has at least one permanent employee at all times), Including Employee’s Share A client bonus reduces employer’s insurance contribution. 2023 TyEL basic contribution rate does not include the company-specific expense loading. The final amount of the insurance contribution may vary when the total payroll for 2021 exceeded €2.198 million and will affect the company’s contribution class and the premium loss discount in 2023. | 25.85 | 25.30 |
|---|---|---|
| Occassional employer including employee’s share. No permanent personnel and paid wages less than €9,348/6 months in 2023 (€9,006/6 months in 2022). | 25.85 | 26.20 |
| Employee’s Share, age 17–52 | 7.15 | 7.15 |
| Employee’s Share, age 53–62 | 8.65 | 8.65 |
| Employee’s Share, age 63–67 | 7.15 | 7.15 |
Unemployment Insurance Contributions (age 17–64 yrs)
| 2022 | 2023 | |
|---|---|---|
| More info at www.tyollisyysrahasto.fi | ||
| Employer – for the first €2.251 500 of Total Payroll/Year in 2023 (€2.197 500 in 2022) – for the Part of Total Payroll exceeding €2.251 500/Year in 2023 (€2.197 500 in 2022) | 0.50 2.05 | 0.52 2.06 |
| Employee | 1.50 | 1.50 |
| Part-Owner | 0.74 | 0.75 |
| Employer’s Premium for Part-Owner | 0.50 | 0.52 |
Unemployment Insurance Contributions (age 17–64 yrs)
| 2022 | 2023 | |
|---|---|---|
| More info at www.tyollisyysrahasto.fi | ||
| Employer – for the first €2.251 500 of Total Payroll/Year in 2023 (€2.197 500 in 2022) – for the Part of Total Payroll exceeding €2.251 500/Year in 2023 (€2.197 500 in 2022) | 0.50 2.05 | 0.52 2.06 |
| Employee | 1.50 | 1.50 |
| Part-Owner | 0.74 | 0.75 |
| Employer’s Premium for Part-Owner | 0.50 | 0.52 |
Health Insurance Contributions, %
| 2022 | 2023 | |
| Employers’ health insurance contribution | 1.34 | 1.53 |
|---|---|---|
| The health insurance premium of the insured party | ||
| Employee | ||
| The health care contribution | 0.53 | 0.60 |
| Daily allowance contribution, for income of less than €15,703/Year in 2023 (€15,128 /Year | 0.00 | 0.00 |
| Daily allowance contribution, for income of minimum €15,703/Year in 2023 (€15,128/Year in 2022) | 1.18 | 1.36 |
| Pensioner | 1.50 | 1.57 |
Group Life Insurance and Statutory Workers’ Compensation Insurance Premiums
| The statutory workers’ compensation insurance premium is determined by the job’s risk factor and the total payroll. The group life insurance premium is collected together with it. Please contact Your non-life insurance company for more information. |
Other Key Figures
TyEL Limits
| 2022 | 2023 | |
| Salary at least | ||
|---|---|---|
| TyEL Insurance Lower Limit | 62.88 €/Month | 65.26 €/Month |
YEL Limits
| 2022 | 2023 | |
| YEL Insurance Lower Limit | 8,261.71 €/Year | 8 575.45 €/Year |
|---|---|---|
| YEL Insurance Upper Limit | 187,625.00 €/Year | 194 750.00 €/Year |
| Basic Uneployment Allowance | 13,573.99 €/Year | 14 088.00 €/Year |
| Membership of Uneployment Fund | 13,573.00 €/Year | 14 088.00 €/Year |
| Self-Employed Person’s Voluntary Accident Insurance | Confirmed income | Confirmed income |
Interest Rates
| 2022 | 2023 | |
| Premium interest Rate | % of Premiums | |
|---|---|---|
| – TyEL 1.1.–30.6. – TyEL 1.7.–31.12. – YEL | 2 % 2 % 2 % | 2,45 % – 2.45% |
| Delaying Rate | ||
| 1.1.–30.6. | 8 % | 10.5 % |
| 1.7.–31.12. | 8 % | – |
Index Increases
| 2022 | 2023 | |
| Pensions, % from Previous Year | 2.28 | 6.8 |
|---|---|---|
| E.g. earnings and particular limits | 2.46 | 3.8 |
| Wage coefficient | 1.501 | 1.558 |
| Earnings-related pension index | 2691 | 2874 |