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Finland Social Security Contribution Rates for 2018

16 January 2018

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Approved Changes

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Finland

The Finnish tax administration has announced the gross salary based social security contribution rates for 2018 for both employers and employees. The rates for employer contributions are as follows: Health Insurance - 0.86% Pension Insurance (TyEL) - 17.75% (average) - Seafarers' Pension (MEL) - 13.20% Unemployment Insurance - 0.65% on gross salaries up to EUR 2,083.500 and 2.60% on gross salaries exceeding that amount In addition to the above, employers are also required to make a group life insurance contribution that varies by company, and an accident insurance contribution that varies by industry and company, with the exact rate determined...