Unemployment allowance and future pension

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dreamstep
Posts: 55
Joined: Sun May 06, 2012 2:31 am

Unemployment allowance and future pension

Post by dreamstep » Tue Nov 10, 2015 2:40 pm

I heard that, if I apply for unemployment allowance from the trade union now and if I get it for a few months, it will reduce my income-related pension up on retirement. Is it the case?



Unemployment allowance and future pension

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Rip
Posts: 5582
Joined: Tue Dec 30, 2008 12:08 pm

Re: Unemployment allowance and future pension

Post by Rip » Tue Nov 10, 2015 2:50 pm

dreamstep wrote:I heard that, if I apply for unemployment allowance from the trade union now and if I get it for a few months, it will reduce my income-related pension up on retirement. Is it the case?
It is reduced less than if you were unemployed and did not get income tied unemployment money. So for pension rights, it is best (of course) to work, but being unemployed after having paid to an unemployment fund (union membership is optional) is better than being unemployed without having joined a fund while still working.

dreamstep
Posts: 55
Joined: Sun May 06, 2012 2:31 am

Re: Unemployment allowance and future pension

Post by dreamstep » Tue Nov 10, 2015 3:04 pm

The situation is like this:

I am unemployed.
But I work temporarily about 10 days a month, getting sth like 1500€.
I still pay union fee based on wage.

Is it better to apply for unemployment payment, or not apply for it?

betelgeuse
Posts: 4571
Joined: Thu Aug 29, 2013 1:24 am

Re: Unemployment allowance and future pension

Post by betelgeuse » Tue Nov 10, 2015 4:50 pm

dreamstep wrote:I heard that, if I apply for unemployment allowance from the trade union now and if I get it for a few months, it will reduce my income-related pension up on retirement. Is it the case?
It's not.
dreamstep wrote: Is it better to apply for unemployment payment, or not apply for it?
To apply.

https://www.keva.fi/fi/elakkeet/elakkee ... fault.aspx

betelgeuse
Posts: 4571
Joined: Thu Aug 29, 2013 1:24 am

Re: Unemployment allowance and future pension

Post by betelgeuse » Tue Nov 10, 2015 4:52 pm

dreamstep wrote: I am unemployed.
But I work temporarily about 10 days a month, getting sth like 1500€.
I still pay union fee based on wage.
I missed this for the original question that related to pensions. You are not unemployed, you are working part time. You will need to determining:
  • whether you are eligible for unemployment benefits
  • how the part time work effects the benefits
You are best of discussing this is directly with your unemployment fund.


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