Työttömyyskassalaki

The Työttömyyskassalaki, or the Unemployment Funds Act, is a Finnish law that governs the operation of unemployment funds. These funds, known as työttömyyskassat, are private organizations that administer unemployment benefits to their members. The law outlines the requirements for establishing and operating these funds, their responsibilities in paying out benefits, and the rules regarding membership.

The Työttömyyskassalaki defines the scope of unemployment insurance in Finland, which is largely voluntary and based on membership in these funds. It specifies the conditions under which a person is eligible for unemployment benefits, such as having been employed for a certain period and being actively seeking work. The law also sets out the maximum duration and amount of benefits that can be paid.

Furthermore, the act details the financial obligations of the unemployment funds, including requirements for solvency and proper management of their assets. It also establishes the oversight role of the Finnish state, typically through the Ministry of Social Affairs and Health, to ensure that the funds operate in accordance with the law and protect the interests of their members. The Työttömyyskassalaki is a key piece of legislation in Finland's social security system, aiming to provide a safety net for individuals who become unemployed.