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Transfer statistics 1/2020 published

The number of earnings-related pension insurance policies transferred from one pension insurance company to another totalled almost 4,800 during January-March: transfers under the Employees Pensions Act (TyEL) numbered 1,959 and under the Self-Employed Persons’ Pensions Act (YEL) 2,813.

The total volume of the transfers (TyEL) was EUR 116,975 thousand. These data are derived from the transfer statistics 1/2020, published today.

Policyholders can transfer their TyEL/YEL policies from one pension insurance company to another provided that the earnings-related pension insurance has been obtained from the same company for at least one year before the transfer. Transfers between companies can be done at four points in time during the year: in January, April, July and October.

More detailed information about the transfer percentages is available on our page ‘Transfer statistics’.