Security for the unemployed born in 1950 and later
If you are born in 1950 or later and become unemployed, your
income during the time of unemployment is fully covered by unemployment security
and you are not entitled to unemployment pension.
You may receive unemployment allowance for additional days if
you have turned 59 before the end of the 500 unemployment allowance days.
Another requirement is that you have held a job entitling to pension for at
least five years during the last twenty years, before the start of the
additional days. The unemployment allowance for additional days is provided
only until the end of the month of your 65th birthday.
During the additional days you may, if you wish, apply
for your old-age pension to be paid already at the age of 62, with no
reduction being made to the accrued pension.
The lower age limit entitling to additional days
will rise to 60 years starting 1 January 2011, and the new age limit
applies to employees born in 1955 and later.
You are not entitled to additional days if you are
self-employed.
Additional information on issues relating to unemployment
security is provided by your own unemployment fund, the Federation of
Unemployment Funds in Finland or the Social Insurance Institution.
External links: The Federation of Unemployment Funds
in Finland, The Social
Insurance Institution, Suomen Yrittäjäin
Työttömyyskassa