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...
Employment situation of KOKO members continued to improve in 2022, with a slight increase in the number of benefit recipients towards the end of the year
A total of 91 589 earnings-related unemployment allowance applications were received by the fund during the year, which is 44 453 fewer than in 2021. In 2022, the unemployment rate among KOKO members was 2.7% on average.
Adjustment of copyright royalties to end
By Government decree as of 1 January 2023, copyright royalties no longer affect the amount of unemployment benefit.
Studying while receiving unemployment benefit is now easier
A change in legislation coming into force on 1 January 2023 allows unemployed jobseekers to undertake various part-time studies without losing their unemployment benefit.
New year brings changes to adjusted daily allowances
A number of changes are being introduced to adjusted daily allowances as of the start of the new year. Some relate to the temporary measures that have been in place since 2020 due to the coronavirus pandemic and that are now being made permanent. The new rules apply to...
Apply for change security if you are 55 or above and your employment has been terminated on or after 1 January 2023
The new change security system for people aged 55 and above whose employment has been terminated will come into force at the beginning of 2023. The change security includes change security allowance, the right to access training and an extended re-employment leave.
Unemployment allowance for additional days to be replaced by a change security model for over 55s
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 will increase with an index increment of 4,2 percent next year
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.