Self-employed person retires

As a self-employed person you have to arrange pension insurance for yourself by paying pension contributions under the Self-Employed Persons’ Pensions Act (YEL) or the Farmers’ Pensions Act (MYEL). When you reach retirement age you can apply for an earnings-related pension from the pension provider with which you are insured.

If your earnings-related pension is small, you can also get pensions provided by Kela.

Earnings-related pension for self-employed persons

  1. The amount of the earnings-related pension is based on the reported income under the YEL or MYEL pension insurance schemes.
  2. Apply for an earnings-related pension from your pension provider (tyoelake.fi).

The national pension provided by Kela supplements the earnings-related pension

  1. If your earnings-related pension is small or if you get no earnings-related pension, you can get a national pension from Kela. The old-age pension is a type of national pension intended for persons who have reached the age of 65 years.
  2. Read instructions for how to apply for old-age pension and about the amount of the pension.

The guarantee pension secures a minimum pension

  1. The amount of the guarantee pension is reduced by any other pension income the recipient may get from Finland or from abroad. Kela cannot grant a guarantee pension until you have applied for all other pensions.
  2. Read instructions for how to apply for guarantee pension and about the amount of the pension.

Persons with low incomes can also get housing allowance

  1. If you are a pensioner with low incomes and you get for instance an earnings-related pension or an old-age pension provided by Kela, you can apply for housing allowance for pensioners.
  2. Read instructions for how to apply for housing allowance for pensioners and about the amount of the allowance.

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