YEL Pension Calculator

YEL (yrittäjän eläkevakuutus) is the statutory pension insurance for self-employed people in Finland. The contributions you pay accrue your future pension and qualify you for Finnish social-security benefits that depend on confirmed työtulo.

YEL is mandatory when all of these conditions are met:

• You are 18–67 years old.
• You work as an entrepreneur continuously for at least 4 months.
• Your YEL työtulo exceeds the annually confirmed lower limit. In 2026, the limit is €9,423.09 per year.
• YEL työtulo affects your pension accrual and social-security benefits.

For light entrepreneurs, YEL may become mandatory if income through the service exceeds the lower limit.

Työtulo is an estimate of the monetary value of your own work input: what it would cost to hire someone else to do the same work. It is not your turnover or profit. A higher työtulo means better pension and social-security cover, but also a higher YEL contribution.

In 2026 the rate is 24.10% of työtulo for those under 53 and those 63 or older, and 25.60% for those aged 53–62. New entrepreneurs receive a 22% discount for the first four years.

Yes. YEL contributions are fully deductible in your personal Finnish income taxation.

You take out YEL insurance directly with a Finnish pension insurance company, such as Elo, Ilmarinen, Varma or Veritas. bisse.fi is not a pension provider, but we can help you estimate the right työtulo level for your situation.