Browsed by
Category: GENERAL INFO BANK

General information on grants

General information on grants

Comments 0 Comment

GENERAL INFORMATION ON GRANTS   An artist can be awarded grants for various purposes. He or she might be awarded, for example, a working grant for covering the cost of living or a travel grant for working abroad. Grants are awarded by many, quite different organisations, both public bodies and private foundations. For example, for taxation purposes, the nature of the grant-awarding body is significant. Receiving a grant brings about many responsibilities, such as the obligation to obtain special pension-insurance…

Read More Read More

The effect of grants on unemployment benefits

The effect of grants on unemployment benefits

Comments 0 Comment

THE EFFECT OF GRANTS ON UNEMPLOYMENT BENEFITS   Receiving a grant and the end of a grant period may have an effect on an artist’s unemployment benefits. Beginning unemployment after a grant period Working under a grant intended to cover costs of living and awarded for a period of more than four months is one form of work in one’s own artistic operations that is comparable to entrepreneurship, and the artist may be eligible for unemployment benefits after such work…

Read More Read More

The Self-employed Persons’ Pension (YEL)

The Self-employed Persons’ Pension (YEL)

Comments 0 Comment

THE SELF-EMPLOYED PERSONS’ PENSION (YEL)   An artist can take out pension insurance in accordance with the Self-employed Persons’ Pension Act if he or she carries out artistic work with an intent to profit. Contributing to a self-employed person’s pension does not require the artist to establish a company or commence activities as a private trader. A person who pursues independent operations with intent to profit can be considered an entrepreneur for purposes of the Self-employed Persons’ Pension Act. An…

Read More Read More

Pension-insurance plans for grants (MYEL)

Pension-insurance plans for grants (MYEL)

Comments 1 Comment

PENSION-INSURANCE PLANS FOR GRANTS (MYEL)   Grant recipients take out their MYEL pension insurance from the Farmers’ Social Insurance Institution (Mela). The insurance obligation applies to all people of ages 18–67 who have received a grant awarded in Finland in 2009 or later, with the following conditions: The grant must have been intended for artistic or scientific work in Finland with a minimum duration of four months (i.e., a working grant), and The amount of the grant is at least…

Read More Read More

Pension plans for artists

Pension plans for artists

Comments 0 Comment

PENSION PLANS FOR ARTISTS   An artist’s pension security can be composed of national pension, guaranteed pension, earnings-related pension, and supplementary state artist pension amounts. National Pension. In 2017, the full national pension is EUR 628.85 per month if the person has not accrued any earnings-related pension. If you are married or live in a domestic partnership or a registered partnership, your full national pension is EUR 557.79 per month. The national pension of a person retiring with a small…

Read More Read More

Supplementary state pensions for artists

Supplementary state pensions for artists

Comments 0 Comment

On separate application, an artist may be granted a supplementary state artist pension. The artist pension can be granted for exceptional pursuits in the art to a visual creative artist or performing artist who lives or has lived permanently in Finland. Without a special reason, the pension is not granted to a person under 60 years of age. Permanent disability arising from the artist’s state of health can be considered such an exceptional reason for granting the pension to a…

Read More Read More

The artist on disability pension

The artist on disability pension

Comments 0 Comment

THE ARTIST ON DISABILITY PENSION   An artist’s ability to work can be weakened for many reasons. When working to secure a reasonable income is prevented by illness, fault, or disability, an artist may be able to retire on either full or partial disability pension. Usually, approximately one year of being ill precedes retirement on the disability pension. The chances of occupational and medical rehabilitation are determined before a decision on disability pension is issued. The disability pension can be…

Read More Read More

What makes up the artist’s pension?

What makes up the artist’s pension?

Comments 0 Comment

Pensions paid by Kela Earnings-related pension The national pension is EUR 628.85/month if the person has not accumulated any earnings-related pension. The national pension for a person who is married or in a common-law relationship is EUR 557.79/month. The ‘guarantee pension’ guarantees that the pension is never less than EUR 760.26/month. Among other pensions are the surviving spouse’s pension and disability pension. The earnings-related pension is accrued on the basis of the TYeL, MYEL, and YEL pensions acts. If all pensions…

Read More Read More

Adjusted basic unemployment allowance

Adjusted basic unemployment allowance

Comments 0 Comment

A person who is employed full-time is not eligible for basic unemployment allowance. But a person employed part-time may have the right to receive an adjusted basic unemployment allowance. An adjusted basic unemployment allowance is paid if the person accepts either a full-time job lasting no more than two weeks or a part-time job or receives income from part-time entrepreneurship or from his or her own artistic activities. Part-time work is work performed under an employment relationship wherein the work…

Read More Read More