Restructuring protection model for over 55-year-olds – extended unemployment benefit will be discontinued
As a result of a law amendment that will enter into force in 2023, a new restructuring protection package for persons aged 55 or over will be implemented. Restructuring protection includes a restructuring protection allowance, which is equivalent to one month’s pay, and the right to restructuring protection training. In addition, the age limit to […]
An additional index increase in social security benefits
The Government has decided on an additional index increase in social security benefits, which means that, for example, the amount of earnings-related allowance will increase between 1 August and 31 December 2022. The basic unemployment allowance, the basic unemployment allowance increase, the amount of labour market subsidy, the labour market subsidy increase and child increase […]
Government guidelines on linking the earnings-related allowance to euros instead of hours
The Finnish Government decided on new employment measures on Friday 11th February 2022. The reforms concern linking the earnings-related allowance to euros instead of hours and the consideration of copyright royalties in the amount of the unemployment benefits. The Nordic labor market service model will also be introduced during Spring 2022. Linking the earnings-related allowance’s […]
