työttömyyseläkejärjestelmä

The työttömyyseläkejärjestelmä, or unemployment pension system, is a social security scheme designed to provide financial support to individuals who are unemployed and have reached an age where they are no longer expected to participate in the labor market. This system typically caters to older unemployed individuals who face significant challenges in finding new employment.

Eligibility criteria for the työttömyyseläkejärjestelmä vary by country but generally include a minimum age requirement and a specific period of prior employment or contributions to the social security system. The intention is to offer a safety net and a decent standard of living for those who have contributed to society through their work and are now facing unemployment in their later working years.

The funding for these unemployment pensions usually comes from a combination of employer and employee contributions, as well as general taxation. The system aims to ensure that individuals who lose their jobs close to retirement age are not left in financial distress. The specific benefits, duration, and conditions of the työttömyyseläkejärjestelmä are defined by national legislation and can be subject to reforms based on economic conditions and demographic changes. It is a component of a broader social welfare framework aimed at providing economic security throughout an individual's life.