Eläkesanasto Ordlista Pension Glossary

salary for insurance purposes

When you are posted abroad, your and your employer’s share of the pension contribution are collected on the basis of a salary for insurance purposes. This means that you earn pension funds based on the salary for insurance purposes rather than on the actual wage you are paid for doing the work. The salary for insurance purposes corresponds to the wage that would be paid to you for similar work in Finland.

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