News
Payments are late due to a disturbance at the OP bank
There are delays in some incoming and outgoing payments at OP today. The service interruption is affecting the incoming payments of OP cooperative banks’ customers and outgoing payments from OP to customers of other banks. These payments include wages, salaries, pensions and benefits.
Annual holidays, holiday bonuses and other current daily allowance for applicants
As summer is approaching, we get a lot of questions about the impact of annual holidays and holiday bonuses on the payment of earnings-related daily allowance, for example. In this article, we have collected current instructions for the unemployed and laid-off.
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.
KOKO’s services receive amazing ratings from members
Almost 80 percent of the members would recommend KOKO, and almost 60 percent give KOKO full marks for its services. The results of the customer satisfaction survey, conducted at the end of 2022, are once again the best in KOKO’s history.
Phone service opening hours during easter
KOKO fund’s phone service is open on Thursday 6.4. from 10 till 14. On Friday 7. and Monday 10.4. the phone service is closed. Happy Easter!
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...
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.
Current issues concerning tax cards
The unemployment funds get the information on the new salary tax cards (valid from 1.2.) directly from the tax administration. However, we recommend you to get a revised tax card for benefits.