Members of Loimu, who are employed and meet certain terms, can have an unemployment insurance from the Unemployment Fund for Higher Educated Employees (Erko). The same goes for student members, if they have a valid employment contract.
In order to receive earnings-related unemployment allowance, the beneficiary must meet the employment condition during the period of membership of the union. The employment condition is met when the person has been employed for at least 26 calendar weeks during the review period (the previous 28 months).
The review period can be extended for reasons such as providing care for a child under the age of three, full-time studies, working on a grant, or some other comparable reason. Other circumstances, such as living abroad or looking after the household, are not considered acceptable reasons for extending the review period. The review period may not be extended by more than seven years.
The employment condition takes into account each calendar week during which the total working time from one or several jobs is at least 18 hours and the wages paid comply with the collective agreement or, if the industry in question does not have a collective agreement in place, the wages paid for full-time work were at least EUR 1,211 per month in 2019.
There are some exceptions, such as the field of education, in which the employment condition takes into account each calendar week in which the person’s working hours total eight hours per week or more.
If the person has been absent from the labour market without an acceptable reason for more than six months, the person must satisfy the employment condition again during his or her period of membership in the union.
A student member may join the fund if he or she has a valid employment contract. Student members can begin to accumulate the weeks of work required for the employment condition while studying. The field of work does not need to be the same as the student’s field of study. Membership in the unemployment fund must be uninterrupted. If membership is interrupted, the employment condition must be met anew.
The employment condition can be met, for example, by working for three or four summers, or by working one week at a time while studying, as long as the number of weekly working hours exceeds the minimum requirement of 18 hours per week. If the hours worked vary from one week to the next, it is recommended that the student keep copies of work rosters or official logs of working hours.
Earnings-related unemployment allowance can be paid after graduation or when studies have otherwise ended, provided that the student has worked for at least 26 weeks (roughly 6 months).
Follow these instructions: Report to the Employment and Economic Development Office (TE Office) of your municipality of residence as an unemployed jobseeker on your first day of unemployment at the latest. You can also do this online:
www.te-palvelut.fi. The unemployment fund can only pay you an allowance for the period in which you are listed as a jobseeker.
Your TE Office can provide you with an application form for earnings-related unemployment allowance. Complete the form carefully and include the enclosures specified in the form. Completing the form properly will expedite its processing.
You must apply for retrospective allowance in writing no later than three months after the date from which you want your allowance to be paid. Applications for periods from which more than three months have passed are considered expired.
Applications concerning the waiting period do not expire. Expiration is counted from the date of the application’s arrival. Each application expires independently.
You can submit your first application, and its enclosures, to the unemployment fund after you have been unemployed for at least two calendar weeks. If your unemployment continues, complete an application for each calendar month or for each period of four full calendar weeks. If you have a part-time job with a monthly salary, you are required to complete subsequent applications monthly.
The timing of this application submission will remain the same for as long as you are unemployed. You can also submit subsequent applications electronically.
You must immediately notify the unemployment fund and the TE Office of any changes during your unemployment that affect your right to receive allowance. Such changes include, among other things, employment, earned wages, entrepreneurial activity, various fees or payments received, studying, sick leave, social security benefits and travel.
The e-mail address of the office is erityiskoulutettujen.tk (at) erko.fi.
Further information is also available on the website of the Federation of Unemployment Funds in Finland (TYJ) at www.tyj.fi
The easiest way to determine the amount of your earnings-related unemployment allowance is the calculator provided on the TYJ website at www.tyj.fi. The basic unemployment allowance paid by Kela is, on average, slightly less than EUR 700 per month.