Työttömyysvakuutusta

Työttömyysvakuutus is a social insurance system in Finland designed to provide financial support to individuals who lose their jobs. It is a compulsory insurance for most employees and employers. The system is funded by contributions from both employers and employees, with the contribution rates varying annually based on economic conditions.

The primary purpose of työttömyysvakuutus is to offer a safety net during periods of unemployment, helping individuals maintain a basic standard of living while they search for new employment. Benefits are typically paid out as daily allowances, the amount of which is determined by previous earnings. To be eligible for benefits, individuals must meet certain criteria, including having been insured for a specific period and actively seeking work.

The administration of työttömyysvakuutus is handled by unemployment funds, which are often associated with trade unions or operate independently. These funds assess eligibility, calculate benefit amounts, and disburse payments. The system aims to encourage individuals to return to work by providing support and sometimes offering services related to job seeking and retraining. The Finnish government oversees the overall framework and regulations of the työttömyysvakuutus system.