In practice, competition between pension insurance companies works so that policyholders (employer or entrepreneur) can transfer their earnings-related pension insurance policies from one company to another.

Transfers between companies can be done four times a year. The transfer times are: 1 January, 1 April, 1 July and 1 October. A prerequisite for the transfer of an earnings-related pension insurance policy is that the policy has been with the same company for at least one year before the transfer.

Statistical data on transfers are published four times a year on this page.

Annual statistics on company-specific transfers are also compiled and published each year in October.

Transfers 3/2018

Total volume of transfers under the employees Pensions Act (TyEL): EUR 94,684,000

Number of TyEL policies transferred: 1,548

Number of policies transferred under the Self-Employed Persons’ Pensions Act (YEL): 2,502

Transfers as a percentage of 3/2018 1/2018 3/2017
* TyEL premium income 0.7 per cent 1,1 per cent 0.5 per cent
* TyEL insurance portfolio 1.0 per cent 1.6 per cent 1.0 per cent
* YEL insurance portfolio 1.2 per cent 1.8 per cent 1.3 per cent

For more information, please call:

Matti Carpén (Elo), tel. +358 20 703 5165

Jorma Hokkanen (Ilmarinen), tel. +358 10 284 3424

Åsa Ulfves (Pensions-Alandia), tel. +358 18 29 000

Mika Paananen (Eläke-Veritas), tel. +358 45 200 3004

Mika Pitkälä (Varma), tel. +358 40 519 5147

Minna Lehmuskero (Tela), tel. +358 10 680 6718