Current news
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 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...
KOKO is closely monitoring developments in the employment situation
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.
Employment rate of KOKO members increased in 2021
The employment rate of KOKO’s members increased rapidly in 2021 and returned close to pre-pandemic levels.
Temporary change to the waiting period rule approved
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.
Switch to an electronic decision
Swap the mailed decisions on allowance for electronic decisions. Log on to eService, go to Settings and choose the decisions to be delivered to eService.
Current issues concerning tax cards
We will receive the tax information stated on the salary tax cards that become valid in February directly from the Tax Administration. We recommend getting a revised tax card for benefits for paying the taxes on your earnings-related unemployment allowance.
Merry Christmas and Happy New Year 2022!
We wish all our members and cooperation partners a merry Christmas and a happy New Year 2022!
The standard entitlement of unemployment security goes back to 300 euros at the beginning of December
The standard entitlement of the unemployment security was increased to 500 euros by a temporary legislative amendment in June 2020. From December onwards, the standard entitlement will be 300 euros again. Terms of the mobility assistance will also return to normal.
The basic unemployment allowance will increase with an index increment of 2.1 percent next year
Kela has confirmed the value of the National Pensions Index for 2022; the value also affects the basic unemployment allowance as well as the earnings-related unemployment allowance.
Koko’s membership fee is reduced to 63 euros
KOKO fund’s membership fee for 2022 is 63 euros. The membership fee is decreasing from the fee of 2021.