YEL calculator
With the YEL calculator, you can check what kind of YEL insurance contributions you would pay and how much daily allowance you would receive in different situations. Earned income should be carefully assessed, because YEL insurance takes care of the social security of light entrepreneurs.
Enter your own information
Your calculations
your earnings-related pension
YEL insurance for light entrepreneurs
Statutory pension insurance for entrepreneurs applies to an increasing number of entrepreneurs. If you earn at least €9,423.09 per year as an entrepreneur, you must take out YEL insurance.
Get YEL insurance in a couple of minutes using the form below. As a new entrepreneur, you will receive a 22% discount on your YEL payments for the first four years. Try the YEL calculator and see the amounts!
How do I benefit from YEL insurance?
YEL insurance provides entrepreneurs with security in different situations in life. As an entrepreneur, you are responsible for your own pension and social security by taking out entrepreneur's pension insurance, i.e. YEL insurance. YEL insurance secures your livelihood in the event of old age, disability, or the death of a family caregiver
. YEL insurance also determines the amount of daily allowances paid by Kela, for example, if you fall ill or take family leave. Even though the idea of retirement may seem distant, it is a good idea to start accumulating your pension steadily from each year of work.
What does the YEL calculator tell us?
With the YEL calculator, you can estimate the impact of your YEL income on your pension and social security level and your YEL contribution. You can also compare how the payment months and number of payments affect your YEL contribution. Your benefits and future occupational pension are determined based on the YEL income you have estimated for yourself.
This is how the counter works
Enter your date of birth in the YEL calculator and check the box if you have had YEL insurance for less than four years – or not at all. If you have already accumulated an employment pension, enter the amount in the appropriate field.
Drag the calculator bar and specify your YEL earned income. We recommend estimating your earned income so that it corresponds as closely as possible to your annual gross income as an entrepreneur. If you wish, you can also specify the first payment month and payment installments. The calculator will calculate your YEL payments as well as your daily allowances and future employment pension amounts.