Finnish legislation regulates earnings-related pension insurance. It prescribes that employers must take out TyEL insurance for all employees working in Finland.
As a general rule, employees are always insured in accordance with the legislation of the country of employment. There are, however, some exceptions to this rule.
TyEL insurance and EU and ETA countries, Switzerland and social security agreement countries
In EU and EEA countries, Switzerland and social security agreement countries the employee is covered by just one social security system, usually that of the country of employment. If there is no social security agreement in place it is possible that social insurance needs to be taken out in both countries.
An employee is insured in the country of employment in accordance with the legislation of the country in question. This general rule is subject to a few exceptions. People working in Finland are usually insured in Finland and people working abroad are insured in the country of employment.
In these countries
- An employee is covered by social security in his or her country of employment under the same conditions as those applied to the nationals of the country.
- He or she is only insured in one country.
- There is usually no need to pay contributions to two countries.
- When calculating insurance years and qualifying periods, employment in other agreement countries is taken into account if required.
The exceptions to this rule include, for example, posted workers and people working simultaneously in several countries.
A foreigner working in Finland
Arranging insurance for a foreign worker
When the employee has a certificate of posting
If a person works in many countries, in which country is he/she insured?
What about TyEL insurance for leased employees?
What about subcontracting work?
How are employees arriving from countries other than the EU and ETA countries, Switzerland or social security agreement countries insured?
Exemption from the obligation to insure
Key facts concerning foreigners working in Finland