How unemployment affects the amount of pension
If your work employment ends, your pension accrual on earnings from employment ends. Pension accrues for wages paid for the statutory notice period regardless of whether you work or not. However, pension does not accrue for any severance pay or corresponding compensation for ending employment.
For earnings-based daily allowance periods, pension accrues until the minimum pensionable age for old-age pension, but the level is somewhat lower than for periods of work. Pension does not accrue on the basic unemployment allowance or labour market subsidy paid by Kela. Partial old-age pension or surviving spouse’s pension do not affect unemployment allowance. However, no pension accrues on the earnings-based daily allowance period if you receive partial disability pension.
If you lose your job, register yourself as an unemployed jobseeker no later than on the first day of unemployment. This is important because you will receive the unemployment allowance only if you are registered as a jobseeker. You can submit a notification to your local employment authority before your unemployment begins. The easiest way to register is to use the Job Market Finland online service at työmarkkinatori.fi. You cannot register retroactively.
You can find your local employment authority on the regional pages of Job Market Finland.