Unemployment insurance

sujesh · Post by **sujesh** » Sat Dec 27, 2008 3:49 pm

I recently moved to finland for work and in my payslip , there is a deduction named unemployment insurance .34% . what is this all about ?

Also i heard , people should join an unemployment fund . by joining KELA system , am i covered in that ?

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Karhunkoski · Post by **Karhunkoski** » Sat Dec 27, 2008 3:59 pm

Search "unemployment fund" on this forum, then come back and ask if anything is unclear.

sujesh · Post by **sujesh** » Sat Dec 27, 2008 5:32 pm

thanks . i did read the other posts and found answers to my questions . I think i should join a fund like YTK soon. Its good that there i can apply online for there membership.

should i inform my employer abt this ?

Karhunkoski · Post by **Karhunkoski** » Sat Dec 27, 2008 5:44 pm

sujesh wrote:should i inform my employer abt this ?

I can't see any need to let them know if you join YTK.

Also consider union membership (which usually includes unemployment fund in the monthly fee). This is usually a more expensive option, but can offer other benefits, such as legal support should you ever need it.

Pursuivant · Post by **Pursuivant** » Sat Dec 27, 2008 7:07 pm

the amount deducted is "KELA base" so if you can come with 20 bucks a day no problem.. YTK at least offers the salary-tested as minimum.

sujesh · Post by **sujesh** » Sun Dec 28, 2008 12:17 am

Pursuivant wrote:the amount deducted is "KELA base" so if you can come with 20 bucks a day no problem.. YTK at least offers the salary-tested as minimum.

i am just not sure , i understand you fully . i understood the Kela base part , i didn't understand the second part ..u said "20 bucks a day no problem"

My employment contract is Collective agreement for senior salaried employees in Technology Industries , so i think i better join a union like YTN ...any suggestions ??

PS : I am not a native Finnish speaker , neither English

Pursuivant · Post by **Pursuivant** » Sun Dec 28, 2008 2:36 pm

sujesh wrote:i am just not sure , i understand you fully . i understood the Kela base part , i didn't understand the second part ..u said "20 bucks a day no problem"

the KELA base, which you contribute as teh deduction from salary, is abt 20 euros a day, so if you can live on that then you are quite a fakir

sujesh · Post by **sujesh** » Sun Jan 04, 2009 2:34 am

i was looking for information for joining YTK and found that if we spend some more euros (17 i guess ) we can join there union also , which provides legal support . i made this note here because in many places in this forum mentioned like they don't provide legal advice ( looks it started recently ) ..

SteveS · Post by **SteveS** » Sun Jan 04, 2009 12:35 pm

Simplest things is to Join YTK. It only cost €67 per year and you need this back up in case you lose your job.

KELA will pay you something small if you are unemployed but it is not enough to live on. YTK will make it up to 60 - 70% of your salary for up to 2 years if the worst happens.

I joined YTK 6 years ago and now I'm grateful that I did as I am now under YT negotiations and only have a 50/50% chance of keeping my job..

YTK will soften the blow if the same happens to you, it is not a lot of money to pay out once a year..

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