The President of the Republic approved a bill on next year’s unemployment insurance contribution on 4 December 2019.
The contribution rates for 2020 are as follows:
Other changes concerning unemployment insurance contributions in 2020
Full liability component is collected from companies that pay at least EUR 34,008,000 in wages. The liability component is not collected from companies that pay no more than EUR 2,125,500 in wages.
Bonds are EUR 600 million each.
The biggest changes relate to the application process, the amount of the allowance and study performance requirements. The Parliament of Finland passed the new law on 29 May 2020.