News / Increased lower limit for entrepreneurs’ unemployment security

Increased lower limit for entrepreneurs’ unemployment security

Ajankohtaista

Unemployment security amendments approved by the Finnish Parliament
The 2023 brochure of Entrepreneur Fund
Increased lower limit for entrepreneurs’ unemployment security
Entrepreneur Fund membership fees remain unchanged
Our telephone service is closed 14th of December
Increased daily allowances starting August 1, 2022
Improvements affecting self-risk time and labour market subsidy for entrepreneurs approved
Will the annual work income, which your pension insurance is based on, be below Euro 13,573 € in 2022? Please contact your pension insurance company
Entrepreneur Fund membership fee to be cut
Exempt amount back to Euro 300 starting December

The lower income limit required to obtain entrepreneurs’ unemployment security will also change next year as a result of a change in the correction coefficient applied. The lower income limit for accumulating the work requirement set for entrepreneurs is Euro 14,088 per year.

In other words, as an entrepreneur, you are covered by unemployment security and you can buy insurance from the Entrepreneur Fund, if the work income which your pension insurance (YEL or MYEL work income or partial business owners’ TyEL salary) is based on is at least Euro 14, 088 per year.