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09.01.2025 10:04

Did your workplace go bankrupt? Apply for pay security

If your workplace goes bankrupt, your employment can end with a two-week notice period. You might not get your salary or other payments. The pay security system ensures that workers get their salaries and other employment-related payments if the employer cannot pay because of insolvency.

Surullinen nainen pankkiautomaatilla.

Apply for pay security within three months

You must apply for pay security within three months after your payment is due. This means you need to submit your application no later than three months after the payday when you first did not get paid because of the employer’s financial issues. Pay security covers different types of payments, like salaries and holiday bonuses, up to a maximum of 19,000 euros. Taxes and some limits apply to pay security.

You can apply for pay security electronically to the KEHA Centre using a specific form. You can submit the form online or send it by post. You can find the application forms in English here

Gather all necessary proof of your claim

When applying for pay security, you need proof of your claimed receivables. Examples include your employment contract, pay slips, and working hours records. If you are missing any important documents, don’t hesitate to contact the bankruptcy estate. They are responsible for helping you sort out your receivables.

Help from PAM’s career services

PAM’s career services can also give you advice and support if you lose your job. PAM’s personal coaching helps you find your strengths. A coach will assist you with planning and practical steps toward new goals, like job searching or exploring study opportunities. Read more about PAM’s career services.

Contact PAM

If you still have questions, contact PAM’s employment advisory service at 030 100 625.

Further information:

Keywords:

employment relationship income

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