Membership fees and billing
Choosing the insurance level
As a member of the Entrepreneur Fund, you choose your unemployment insurance level, which determines your membership fee and the amount of your earnings-related allowance.
The level of insurance you choose must be
- at least €15 481 in 2026 and
- up to the annual income from your pension insurance (YEL/MYEL) or the total annual income from the different pension insurance schemes (YEL, MYEL, TyEL) paid due to your business activity.
If you are a TyEL-insured part-owner of a company or a member of the family of an entrepreneur, your insurance level must be.
- up to your gross annual salary, and
- up to the total annual income from the different pension insurance schemes (YEL, MYEL, TyEL) paid due to your business activity
At the lowest possible insurance level of €15 481, your membership fee will be €99.98 per year, or €8.33 per month. The membership fee is 1.7% of the part of your annual income above €9 600.
It is best to set your insurance level at the same level as your YEL, MYEL or TyEL income from the start. If you later increase your insurance level by more than 20%, the new level will not fully affect your earnings-related daily allowance until 15 months after the increase.
Membership fee invoices
You can pay your membership fee in one, four or 12t instalments. We encourage you to opt for an e-invoice instead of a paper one.
You will receive your first membership invoice within 1-2 weeks after the membership form arrives at the Entrepreneur Fund’s office. As a new member, you will pay your membership fee from the beginning of the month in which you become a member.
Our membership fees are deductible on your personal tax return. We will send the details of your membership fee directly to the tax authorities.
How to set up an e-invoice
- Sign in to your personal online bank.
- Select the Entrepreneur’s Unemployment Fund as the biller, and enter your personal identification number as the unique identifier.
- In future, you will receive your invoices in your online bank.
Reduced membership fee
You can apply for a reduced membership fee if the annual income of your pension insurance (YEL, MYEL, TyEL) is below the minimum level of 15 481 €/year under The Unemployment Allowances Act, your pension insurance has expired or has been terminated, or you are on sick leave for more than a month, receive pregnancy allowance or are a full-time student.
If you are unemployed and you apply for earnings-related daily allowance, you will automatically receive a reduced membership fee from the beginning of the full calendar month following the start of your unemployment.
The reduced membership fee is €3 per month or €36 per year. he entrepreneur’s work requirement does not accrue during periods for which a reduced membership fee is granted.
Lost your invoices?
You can find your invoice on the Status tab of your Member Pages.
A copy of the reference list that was sent to you by post is available on the Messages tab under Other communication