Choosing the KOKO fund is a sensible decision, when preparing yourself for a possible unemployment period. It is also a sensitive decision, providing a humane approach and support to carry you through the harder times.
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Read more about allowance Frequently asked questions Changes to the unemployment security system 2024 Payment status
We are currently processing applications received on the days below. Applications submitted before this are already being processed.
First-time applications, received on 25.6.2024
Follow-up applications, received on 8.7.2024
Follow-up applications for adjusted allowance, received on 3.7.2024
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Information on processing applications in KOKO
Were you laid off or became unemployed? Check the quick guide in this article.
There have been a number of amendments to the Unemployment Security Act during 2024, and more changes will follow already in the autumn. Below is the KOKO fund’s summary of the upcoming changes.
Daily allowance can be paid at an increased rate when a person participates in a service that promotes employment. The Finnish government decided in a spending limits session that the increase will be waived on January 1, 2025.
As summer is approaching, we get a lot of questions about the impact of annual holidays and holiday bonuses on the payment of earnings-related daily allowance, for example. In this article, we have collected current instructions for the unemployed and laid-off.
The Government is preparing a legislative amendment to stagger daily allowance. Staggering daily allowance means that the amount of daily allowance you receive would be reduced by 20% after 40 benefit days and 25% after 170 benefit days. Staggered daily allowance would apply to individuals whose daily allowance calculation...
If you earn an income in addition to unemployment allowance, your daily allowance will be adjusted. Adjusted earned income includes wages for part-time work, income from self-employment and attendance fees. When your daily allowance is adjusted, it is reduced by an amount equal to 50% of your earned income.
Unemployment Security Act amendments concerning the employment history required to be eligible for earnings-related unemployment allowance, also known as the employment condition, will be coming into effect in the autumn of 2024. Starting 2 September 2024, the length of the employment condition will be doubled,
The Finnish Government has proposed the abolition of job alternation leave from 1 August 2024 to Parliament. If you still want to take advantage of job alternation leave, act fast.
Without highly educated people, there would not be any development. Nothing would change and Finnish society would come to a halt. That is why the highly educated need a supportive fund to guard their interests at all times.
Are you turning the wheels of development? Join KOKO! Together with the unions, we work every day to provide you with better possibilities to take yourself and Finland further.
This is how we support our members:
For example, if you lose your job, we will pay you earnings-related allowance. You can estimate the amount of your allowance with our calculator.
Together with the unions, we help secure the position of the highly educated in the labour market.
We serve our customers swiftly and professionally in various situations.
Belonging to a union gives you more security. Trade unions usually offer legal services, courses to support employment, coaching events, advice and numerous other member benefits. The unemployment fund of the trade unions shown below is KOKO. Find your own union and join us.
