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
We are currently processing applications received on the days below. Applications submitted before this are already being processed.
First-time applications, received on 21.11.2022
Follow-up applications, received on 25.11.2022
Follow-up applications for adjusted allowance, received on 23.11.2022
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Information on processing applications in KOKO
KOKO fund’s membership fee for 2023 is 63 euros, meaning the membership fee remains the same as in 2022.
The payment of unemployment security for additional days will be phased out to be replaced by a change security scheme for those aged 55 or over. The legislative amendments will enter into force at the beginning of 2023.
The basic unemployment allowance and the basic component of the earnings-related unemployment allowance will rise to EUR 37.21. The increase will take effect on 1 January 2023.
Mobility assistance is still unknown to some people, but many might be entitled to it. The purpose of mobility assistance is to encourage jobseekers to accept jobs further from home. The assistance compensates for the costs of commuting or moving.
The daily allowance application now contains pre-filled salary and employment relationship information obtained directly from the Incomes Register. This pre-filled information means that completing the application is even faster and that fewer attachments are often needed for the application.
The unemployment rate among KOKO members fell to 2.6% in July. The number KOKO members has been growing steadily and in June the limit of 240,000 members was exceeded.
Swap the mailed decisions on allowance for electronic decisions to get the information of the payment of your daily allowance faster. Log on to eService, go to Settings and choose the decisions to be delivered to eService.
The Finnish Parliament has approved an additional index adjustment for social benefits for 2022. With this adjustment, the amount of earnings-related allowance, mobility assistance and job alternation compensation will increase. The adjustment will increase benefits paid from 1 August to 31 December 2022.
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.
