Social insurance contributions in 2019

Date of issue
12/20/2018
Validity
1/1/2019 - 12/31/2019

(English translation. For further guidance, refer to the pages in the national languages Finnish and Swedish.)

Pay to the Tax Administration

Employers’ health insurance contribution

0.77%

The health insurance premium of the insured party:

 

– the health care contribution on wage income and annual earnings

0.00%

– daily allowance contribution

– for income of less than €14,282

1.54%

 0.00%

totals (=the minimum withholding)

1.54%

Medical care contribution on pension and social-benefit income

1.61%

Increase of the daily allowance contribution for self-employed individuals with YEL insurance  0.23%
Self-employed individual’s increased daily allowance contribution  1.77%

Pay to your insurance company

Employee's pension insurance contribution (worker’s ages 17 to 52)

6.75%

Employee's pension insurance contribution (worker’s ages 53 to 62)

8.25%

Employee's pension insurance contribution (worker’s ages 63 to 67)

6.75%

Employer’s pension insurance contribution (average rate)

17.35%

Employer’s pension insurance contribution (seafarers)

12.80%

Pay to the Employment Fund (Työllisyysrahasto/Sysselsättningsfonden)

Employee's unemployment insurance contribution

The unemployment insurance contribution of a shareholder-employee

1.50%

0.78%

Employer’s unemployment insurance contribution (worker’s ages 17 to 64)

 

– paid wages no more than €2,086,500 a year

0.50%

– paid wages go over €2,086,500 a year

2.05%

The statutory accident insurance contribution varies by line of business and by company. The group life insurance premium varies by line of business and by company.