Pension reform took place in 2017 which gradually rises retirement age, standardized pension accrual and introduced new pension options.
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| Age | Employee contribution percent |
|---|---|
| 17–52 years | 6,15 % |
| 53–62 years | 7,65 % |
| 63–67 years | 6,15 % |
Contribution as an entrepreneur
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Pension accrual
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Retirement age
asdThe YEL insurance payments are standardized so that it will be the same for everyone after the transition period.
| Info |
|---|
| The pension reform includes a transition period 2017-2025 and during that period all people aged from 53 to 62 have 1,5 percent higher contribution rate. Also their pension accrual rate is 1,7 % instead of 1,5%. |
| YEL payment percentages | |
|---|---|
| Age | YEL payment |
| 18–52 years | 24,10 % |
| 53–62 years | 25,60 % |
63–67 years | 24,10 % |
| Starting entrepreneur (22 % reduction) | |
| 18–52 years | 18,80 % |
| 53–62 years | 19,97 % |
| 63–67 years | 18,80 % |
Pension accrual
Retirement age
New pension options
Partial old-age pension
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