Current news
ETTK Unemployment Fund to be merged with KOKO starting from 2024
The Unemployment Fund for Special Service and Clerical Employees (ETTK) will merge with KOKO on 1.1.2024. After the merger, KOKO will have approximately 270,000 members. KOKO strengthens its position as the second largest unemployment fund in Finland.
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...
Merry Christmas and Happy New Year!
We wish all our members and cooperation partners a merry Christmas and a happy New Year 2023!
Here you can see our Christmas and turn-of-the-year opening hours information.
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.
KOKO’s membership fee is 63 euros also next year
KOKO fund’s membership fee for 2023 is 63 euros, meaning the membership fee remains the same as in 2022.
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.