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 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.
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.
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!
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...
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.
The employment rate of KOKO’s members increased rapidly in 2021 and returned close to pre-pandemic levels.
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.
KOKO fund’s membership fee for 2022 is 63 euros.