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Unemployment Insurance Fund Stock Exchange Release 24 September 2018 at 4 p.m.
S&P Global Ratings has affirmed on Sept. 24, 2018, its 'AA+/A-1+' long- and short-term issuer credit ratings on The Unemployment Insurance Fund (TVR) with stable outlook. S&P has therefore kept TVR's credit rating unchanged.
Standard & Poor's equalizes its ratings on TVR with the ratings on Finland. On Sept. 14, 2018, S&P affirmed its 'AA+/A-1+' issuer credit ratings on Finland with stable outlook.
The Unemployment Insurance Fund and Education Fund are merging to the Employment Fund on 1 January 2019. S&P has the view that this has no impact on TVR's role and link with the government, nor on its operations.
Janne Metsämäki, Managing Director. tel. +358 40 522 3614
Tapio Oksanen, Deputy Managing Director, CFO tel. +358 40 539 4651
Helsinki, 24 September 2018
Unemployment Insurance Fund (TVR)
Deputy Managing Director
NASDAQ OMX Helsinki
The total contributions would therefore amount to between 2.4% and 3.0% of workers’ wages.
Report consists Annual Review, Financial Statements, Corporate Governance Statement and Remuneration Report.