LARGE BUSINESSES’ LIABILITY COMPONENT IN THE UNEMPLOYMENT PENSION

Unemployment pension pursuant to statutory earnings-related pension insurance only concerns individuals born in the 1940s. Those born in 1950 and after cannot be granted unemployment pension.

Instead of the pension, the long-term unemployed persons are provided with a continued unemployment allowance. The Unemployment Insurance Fund collects fees comparable to unemployment pension contributions from employers.

For more information on the liability component in the unemployment insurance contribution, please visit www.tvr.fi