Current news
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.
Temporary changes to unemployment security remain in effect until the end of the year
The Finnish Parliament has confirmed that a part of the temporary legislative changes made to unemployment security will remain in effect until the end of the year.
Improvements to the standard entitlement and mobility assistance have been approved
The Finnish parliament has approved an increase in the standard entitlement of earnings-related unemployment allowance as well as a shortening of the commuting requirement of mobility assistance. The amendments are temporary.
When should you submit your next application? Enable our reminder of a follow-up application!
You can subscribe to a handy reminder of sending the next follow-up application. You will receive a reminder once it has been a calendar month or 4 consecutive calendar weeks since your last application.
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.