Pay security

All pay security matters in Finland are handled in the Uusimaa Centre for Economic Development, Transport and the Environment (ELY Centre). The expected processing time for a pay security application is approximately 5 months from the date of submission.

If you have Finnish social security number and you have online banking credentials you may file an application via electronic service: 

Filled and scanned application may be submitted by classified e-mail by registering to and selecting as an recipient Uudenmaan ELY-keskus/palkkaturva. Printed application can be sent via mail to Uusimaa ELY Centre / Pay security, PO Box 54, 00521 HELSINKI, Finland. Applications may also be submitted personally to any ELY Centre or Employment and Economic Development Office (TE Office).

The pay security application must be submitted within three (3) months of the claim due date.

Pay security system

The pay security system ensures the payment of employee claims arising from an employment relationship in the event of employer insolvency. 

A pay security application may be submitted by the employee or the employee organisation, to which the employee has transferred the claim for collection. If an employer has declared bankruptcy, pay security may also be applied for by the administrator of the bankruptcy estate.

Learn more about the application procedure on the subpages. Please note that you may only apply for pay security following the procedure shown on this page. Therefore, do not use, for example, the website.

The Unemployment Insurance Fund compensates the state annually for the difference between capital paid as pay security and capital collected from employers. Pay security is collectively funded by employers through unemployment insurance contributions.