Extra index increment proposed for social security benefits

Extra index increment proposed for social security benefits

The Government has proposed an additional index adjustment for 2022 that would also increase benefits under the Unemployment Security Act, such as the basic unemployment allowance. Accordingly, the amount of earnings-related allowance, mobility assistance and job alternation compensation would also increase.

Mikko Wikstedtin kuva

Mikko Wikstedt is new Chairman of the Board of Directors at KOKO as of 16 May 2022

Mikko Wikstedt was elected as the new Chairman of the Board of the Unemployment Fund for Highly Educated KOKO as of 16 May 2022. Wikstedt is an engineer by training and serves as secretary general of Helsinki Engineers HI ry.

Strikes and earnings-related unemployment allowance

Strikes and earnings-related unemployment allowance

If your work is prevented due to a strike, your right to earnings-related unemployment allowance during the strike depends on whether the strike is dependent on your terms of employment or working conditions. If you are on strike yourself (also applies to a solidarity strike), you are not entitled...


TE Offices’ new customer service model enters into force in May – changes to the job search obligation and suspension periods

As of 2 May 2022, a new customer service model will be introduced at TE Offices and municipalities included in the local government pilot. In the new model, jobseekers must, as a rule, apply for at least four jobs during a one-month review period.


Phone service opening hours during easter

KOKO fund’s phone service is open on Thursday 14.4. from 10 till 14. The phone service is closed 15.–18.4. Happy Easter!

Opiskelijanaine istuu läppärin kanssa ikkunan edessä

Student, remember the unemployment fund membership when starting your summer job

As a student, you can join the unemployment fund if you are in paid employment. When you are a member of the fund, you accumulate earnings-related unemployment security for yourself during your studies.


Thirty-seven per cent of recipients of KOKO’s earnings-related unemployment allowance are aged over 60

The most prominent group in the age structure of KOKO’s allowance recipients have been persons aged over 50. In February, up to 37.1% of the recipients of earnings-related unemployment allowance were aged 60 to 67. When you add persons aged over 50, this age group accounts for 58.2% of...


KOKO is closely monitoring developments in the employment situation

Russia's military action in Ukraine also has a wide impact on business. Its impact on the employment situation of KOKO’s members is not yet known for certain, but KOKO is closely monitoring the development of the situation. At the moment, the employment situation of KOKO’s members is good.

Recipients of earnings-related unemployment allowance in KOKO from 2014 to 2021

Employment rate of KOKO members increased in 2021

The employment rate of KOKO’s members increased rapidly in 2021 and returned close to pre-pandemic levels.

Temporary change to the waiting period rule approved

Temporary change to the waiting period rule approved

The amendment allows the payment of unemployment benefit to unemployed or laid-off persons during the five-day waiting period. This amendment will apply in cases where the first day of the waiting period falls on the period between 1 January and 28 February 2022.


Membership fee for 2022 is EUR 63

KOKO fund’s membership fee for 2022 is 63 euros.


Switch to an electronic decision

Swap the mailed decisions on allowance for electronic decisions. Log on to eService, go to Settings and choose the decisions to be delivered to eService.