Earnings-related daily allowance is staggered: The longer the unemployment lasts, the more the allowance decreases
Due to an amendment to the Unemployment Security Act carried out on 2 September 2024, earnings-related allowance will be staggered.
Are you wondering when will you receive your first daily allowance?
The payment of daily allowance does not necessarily start immediately from the beginning of your unemployment, nor from the moment when your application for daily allowance has been processed. Read how vacation allowances and deductible period affect the start of daily allowance payment.
Quick instructions if you become laid off or unemployed
Were you laid off or became unemployed? Check the quick guide in this article.
Annual holidays, holiday bonuses and other current daily allowance for applicants
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.
Phone service opening hours during easter
KOKO fund’s phone service is open on Thursday 28.3. from 10 till 14. On Friday 29.3. and Monday 1.4. the phone service is closed. Happy Easter!
The waiting period is now seven days — holiday compensation will be periodised
At the beginning of the year, two changes to unemployment security came into force; as a result, the right to earnings-related unemployment allowance begins later than before. If you have just become unemployed, or are about to become unemployed or laid off, here is what you need to know...
Government proposes several changes to the unemployment security system
The Government has submitted a proposal to reform the Unemployment Security Act to Parliament. The proposed changes include extending the waiting period and the length of employment history required to qualify for an unemployment allowance, abolishing child supplements and standard entitlements and reintroducing periodised holiday compensation.
Number of applications from newly unemployed people increased during summer
The number of first-time applications in the KOKO fund has been at a higher level than in the previous year throughout the past year.
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 starting a summer job, it’s a good time to check the status of your unemployment fund membership and join if you are not already a member.
Did you know this about the application periods for daily allowance?
The majority of applicants for daily allowance submit their applications for one calendar month, i.e. an application period that starts from the first day of the month and ends on the last day of the month. Did you know that the application period does not always necessarily have to...
KOKO’s research: A combined insurance that improves unemployment security has broad popular support
A survey commissioned by KOKO at Kantar Public found that nearly two out of three Finns support the introduction of a combined insurance. It would enable the accumulation of unemployment security for work performed simultaneously as an employee and as an entrepreneur.
Entitlement to earnings-related allowance during a strike
If your work has been prevented due to a strike by other employees, 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...