Employment Fund
Työllisyysrahasto
Country
Website
Address
Phone: +358-9-6803730
Risks and Benefits
European Social and Health Policy focus
Collecting unemployment insurance contributions
Financing unemployment benefits and financing and implementing adult student benefits
Law-making process and the EU-legislation
Developing social dialogue at the European level
EMU policies on finance
Aim, structure and tasks of the organization
The Employment Fund brings security amid labour market changes by collecting unemployment insurance contributions used for funding earnings-related unemployment benefits and promoting employees' competence development through adult education benefits. The Employment Fund is an important part of the Finnish social security system, and all employers and 16-64-year-old employees in Finland are its customers.
The Employment Fund is an organisation established by law and managed by the labour market parties. The Employment Fund was launched on 1 January 2019 through the merger of TVR and the Education Fund. The Finnish Financial Supervisory Authority is the Employment Fund's regulator.
The Employment Fund has a staff of some 150. The Fund provides advice to its customers in matters concerning unemployment insurance contributions and adult education benefits, and contributes to changes to legislation in its sector.
Please visit Employment Fund’s website to check the up-to-date annual insurance contributions and financial facts of the Fund’s economy.