The Government submitted the YEL reform for Parliamentary consideration on 8 October 2026. Upon the approval of Parliament, the reform will enter into force on 1 April 2028.
YEL reform advances to Parliament
16.10.2026, News and press releases
24.6.2025, Blog
The YEL system was originally created to improve the social security of entrepreneurs and secure their future retirement. The objective was good, but the current system does not sufficiently account for changes that have since taken place in working life and modern-day entrepreneurship.
11.10.2024, News and press releases
The central labour market organisations have agreed on a proposal for earnings-related pension contributions in 2025. The earnings-related pension companies have submitted the proposal to be confirmed by the Ministry of Social Affairs and Health.