Varma Pension Insurance Company (Finnish: ''Keskinäinen työeläkevakuutusyhtiö Varma'') is a pension insurance company in
Finland
Finland ( fi, Suomi ; sv, Finland ), officially the Republic of Finland (; ), is a Nordic country in Northern Europe. It shares land borders with Sweden to the northwest, Norway to the north, and Russia to the east, with the Gulf of Bot ...
.
Varma manages statutory
TyEL insurance for employees and
YEL insurance for the
self-employed
Self-employment is the state of working for oneself rather than an employer. Tax authorities will generally view a person as self-employed if the person chooses to be recognised as such or if the person is generating income for which a tax return n ...
and statutory
vocational rehabilitation
Vocational rehabilitation, also abbreviated VR or voc rehab, is a process which enables persons with functional, psychological, developmental, cognitive, and emotional disabilities, impairments or health disabilities to overcome barriers to access ...
and services relating to predicting and managing work ability risks. Varma is a
mutual company
A mutual organization, or mutual society is an organization (which is often, but not always, a company or business) based on the principle of mutuality and governed by private law. Unlike a true cooperative, members usually do not contribute t ...
and its head office is located in
Salmisaari
Salmisaari ( sv, Sundholmen) is a small area (a sector, ''pienalue'') belonging to the Ruoholahti quarter of the Länsisatama neighbourhood of Helsinki, Finland.
The Salmisaari island was previously located west of the Helsinginniemi peninsula. H ...
,
Helsinki
Helsinki ( or ; ; sv, Helsingfors, ) is the capital, primate, and most populous city of Finland. Located on the shore of the Gulf of Finland, it is the seat of the region of Uusimaa in southern Finland, and has a population of . The city ...
.
In 2021, Varma paid out pensions in the amount of 6.2 billion euros to 346,000 people, and at year-end 571,229 people were insured with Varma.
[ In terms of turnover, Varma was the twelfth-biggest company in Finland in 2020.]
References
Further reading
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External links
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{{Authority control
Financial services companies established in 1998
Insurance companies of Finland