The Employment Fund acts as a part of the Finnish social security system. The Employment Fund determines and collects the unemployment insurance contributions, which for example are used for funding earnings-related unemployment benefits. In addition, the Employment Fund supports the professional ability and competence development of adults by funding and granting adult education allowances and scholarships for qualified employees.
The Employment Fund also determines and collects the employer’s unemployment benefit liability components and acts as an expert on compensations and unemployment allowance’s reconciliations in disputes concerning the termination of an employment relationship. The Fund also provides advice to its customers in matters concerning its remit and contributes to changes to legislation in its sector.
Organisation identification data
Business ID: 1098099-7