Changes to the standard entitlement of unemployment security and mobility assistance will continue
As a result of the amendment, the EUR 500 standard entitlement for part-time or on-demand work income is valid when the application period starts no later than 31 March 2021. Mobility assistance can be obtained for full-time work on the basis of a commute of more than 2 hours...
Fund’s eService outage from 28 December to 3 January
During the outage, applications, attachments or messages cannot be sent via the eService. On Monday, 4 January, you can submit an application again through eService as usual.
The MMA Unemployment Fund will be merged with the KOKO fund starting from 2021
The MMA Unemployment Fund will be merged with the KOKO fund on 1 January 2021.
Membership fee for 2021 is EUR 66
KOKO fund’s membership fee for 2021 is EUR 66. The membership fee is the same as in 2020. KOKO will send the invoices to direct members early next year.
The basic unemployment allowance will increase with an index increment next year
The benefits linked to the National Pensions Index will increase by 0.4%. The basic unemployment allowance and the basic component of the earnings-related unemployment allowance will rise to EUR 33.78.
Temporary amendments to standard entitlement and mobility assistance were extended until the end of the year
The amendments were originally scheduled to expire at the end of October. All temporary legislative amendments to unemployment security will now remain in force until the end of the year.
The backlog of Unemployment fund for highly educated KOKO is clearing
The congestion at KOKO fund caused by the coronavirus has eased. The processing times of applications have now significantly reduced and the number of applications has also decreased.
Laid off? Remember to keep TE Office up-to-date on your situation
In particular, if your lay-off period changes from the initially announced period or at the end of your employment, you must contact your TE Office and the employment fund immediately.
Earnings-related allowance and tax card
Earnings-related allowance is taxable income. As an allowance recipient, we recommend that you apply for a revised tax card for a benefit for the taxation of your earnings-related allowance.
Application processing times become longer as we approach the summer
The unemployment fund has been able to handle the rising number of applications reasonably well in the past few weeks, but processing times will inevitably become longer. KOKO has prepared for the rising number of applications in various ways.
Frequently asked questions about coronavirus to the KOKO unemployment fund
In this article we have gathered answers to the most common questions about coronavirus our customers have asked us.
What to do if you are laid off due to the coronavirus
In principle, you are paid either a salary or sickness allowance for the period of illness, and sickness allowance on account of an infectious disease for the period of quarantine. Temporary lay-offs may also be possible as a result of the coronavirus.