The contribution estimate in Varma Online Service includes:
- an estimate of the TyEL contribution for the entire year
- an estimate of the client bonus and the administrative cost contribution
- estimates of the TyEL contribution percentage and the employees' share of the contribution
For large employers, the estimate also takes into account the impact of the contribution category.
The estimates always use the most up-to-date projections of the TyEL contribution rates. We will update the contribution rate projections if they are further refined during the autumn. The new contribution rates will be available in estimates made after the update. Varma's administrative cost contribution principle for next year has already been confirmed. The Ministry of Social Affairs and Health will confirm the other TyEL contribution rates for 2026 later in the fall.
How you can easily make an estimate of the TyEL contribution in Varma Online Service
- Log in to Varma Online Service.
- Go the Insurance policies section and choose to the Estimates and reports tab.
- Select for which year you wish to make an estimate and click on Make a new estimate.
- Write your projection of the payroll for the estimate year and click on Make an estimate.
Our administrative cost contribution will decrease again next year
The administrative cost contribution we collect as part of the TyEL contribution will decrease again next year. The company-specific administrative cost contribution will decrease by up to more than 10 per cent at most. Thanks to our further improved operational efficiency, Varma's administrative cost contribution has already fallen by nearly 40 percent on average since the company-specific administrative cost contributions were introduced in 2023.
As the most solvent company, we pay the highest client bonuses
Client bonuses accruing in 2025 will lower next year's TyEL contributions. Client bonuses are based on the solvency of the earnings-related pension company. We have a long history as the most solvent earnings-related pension company. This has meant the highest client bonuses for our customers. Thanks to our strong solvency, we are well positioned to pay excellent client bonuses in the coming years as well.
What are administrative cost contribution and client bonus?
The administrative cost contribution is part of the TyEL contribution used for the implementation of earnings-related pensions and the administration of insurance. Its level is affected by the efficiency of the earnings-related pension company's operations. Each earnings-related pension company determines its own administrative cost contribution.
Read more about the administrative cost contribution
The client bonus is an annual discount on the TyEL contribution, which is based on the solvency of the earnings-related pension company. Client bonuses accruing in 2025 will lower next year's earnings-related pension contribution. As the most solvent earnings-related pension company, we pay the best client bonuses. The longer your insurance is in force with Varma and the more salaries are paid, the more client bonuses you will receive. It therefore pays to be a long-term customer of Varma.