Terms and conditions for insurance contracts according to the Self-employed Persons’ Pensions Act (YEL).
YEL insurance terms and conditions
2.1.2026
Content tagged with:YEL insurance
The interest on TyEL and YEL insurance contributions will change at the start of 2026
12.11.2025, News and press releases
The interest on TyEL and YEL insurance contributions will change to 2.20% at the start of 2026. Interest is added to an insurance contribution amount if the due date for the invoice is postponed until a later date.
YEL contribution rates and income limits for 2025
2.12.2024, News and press releases
The turn of the year will bring changes to the lower and upper limits for YEL income. YEL contribution rates will remain unchanged, but the wage coefficient will increase the YEL income amount by 2.2 per cent compared to 2024.
The interest on TyEL and YEL insurance contributions will rise at the start of 2024
13.11.2023, News and press releases
The interest on TyEL and YEL insurance contributions will rise at the start of 2024 to 4.10%. Interest will be added to the insurance contribution amount if the due date for the invoice is postponed until a later date.
YEL income reviews will start after the summer
10.5.2023, News and press releases
The Self-Employed Persons’ Pensions Act (YEL) was amended on 1 January 2023. The legislative reform obliges pension insurance companies to review and adjust the YEL income of self-employed persons regularly, at intervals of three years. Veritas will start the reviews after the summer.
Veritas in 2022: Euro-sales reached record heights
17.2.2023, News and press releases
Pension Insurance Company Veritas delivered strong growth in the year 2022. Veritas’ premiums written grew by 13.4 per cent, to nearly EUR 700 million. At the end of the year, Veritas provided insurance cover for nearly 68 000 employees and over 14 000 entrepreneurs.