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Student! Keep your membership in the fund valid!

In the autumn, many people rejoice about studying. The schools start and studying continues. At the same time, you may stop to think whether you need the membership of the fund anymore now that you’re a student. Fortunately it’s easy to answer; membership in the fund is the best way to prepare for the risk of unemployment even during studies. So it is worthwhile to keep your membership in the fund valid also during studies.

If you have already accumulated the condition regarding employment, you can retain it just by being a member of the fund. That will be useful in case you will not find a suitable job straight after completing your studies. You can retain the condition regarding employment you have accumulated for up to seven years.

Similarly, during studies you can only accumulate the condition regarding employment, which is a requirement for receiving earnings-related daily allowance, only if you are a member of the fund. The times of studying often involve part-time work and different summer jobs. It’s worthwhile to make use of them in unemployment security, and you can do that by being a member of the fund.

Nowadays there are also different ways to study while receiving earnings-related daily allowance. You can only use those if you are a member of the fund. If you are already using those options, membership in the fund is necessary for continuing the payment of the benefits.

So remember to keep your membership in the fund valid. It allows you to be confident regarding livelihood and focus all of your energy on your studies.