Benefits payment data will be reported to the Incomes Register from 2021
Information about pensions and benefits income paid on and after 1 January 2021 must be reported to the Incomes Register. The information must be reported by the pension or benefit payer, such as pension institutions, insurance companies, the Social Insurance Institution (Kela), the State Treasury and municipalities.
Information about pensions and benefits paid must be reported to the Incomes Register. The Incomes Register does not include information about pension or benefit decisions or whether an application is pending. Read more about the deadlines for reporting benefits payment data.
Fringe benefits, such as car benefit and telephone benefit, are not considered benefit income. Fringe benefits are reported using the earnings payment report.
Information must be reported no later than on the fifth day after the payment date
Pensions and benefits paid, such as old-age pensions and unemployment allowances, must be reported to the Incomes Register no later than on the fifth calendar day after the payment date. Read more about deadlines.
Only benefits paid in money must be reported to the Incomes Register. Do not report any benefits paid in instruments other than money, such as service vouchers.
The following must be reported to the Incomes Register:
- statutory pension
- pension based on voluntary pension insurance
- all taxable benefits
- tax-exempt benefits, which affect basic social assistance paid by Kela
- reimbursements of expenses related to unemployment benefits
- payments which the benefit payer must report pursuant to section 28 a of the act on inheritance and gift tax (perintö- ja lahjaverolaki 378/1940).
- losses from certain insurance-based investment products, such as a loss from an endowment insurance, a loss from a capital redemption policy, or a loss from a fixed-term pension insurance policy.
The following are not reported to the Incomes Register:
- tax-exempt benefits that do not affect basic social assistance paid by Kela, such as maternity allowance, school transport subsidy, or reimbursements of expenses paid for participating in rehabilitative work
- exception: reimbursements of expenses related to unemployment benefits must be reported, although they do not affect basic social assistance
- basic social assistance paid by Kela
- supplementary and preventive social assistance paid by municipalities
- disability allowance paid to persons over 16
- other benefits considered to be sensitive in nature, such as strike pay
- reimbursements of expenses related to living
- reimbursements of expenses related to rehabilitation or medical treatment
- grants, scholarships or awards
- reimbursement paid for material damage
- benefits paid in instruments other than money, such as loan guarantee for student loan by Kela or municipal service vouchers
- foreign pension if the payer has no reporting obligation in Finland
- traditional life-annuity (benefits received by a retired person out of their former property)
- payments based on a long-term savings agreement or other agreement related to investment activities.