TyELvaroihin
TyELvaroihin is a Finnish term that refers to the pension insurance contributions paid by employers to secure their employees' future pensions. These contributions are mandated by the Employees Pensions Act (TyEL) in Finland. The purpose of TyELvaroihin is to fund the earnings-related pension system, which provides a pension for individuals based on their work history and earnings.
Employers are responsible for paying a certain percentage of their employees' payroll as TyELvaroihin. This percentage