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Resignation

You can resign from the unemployment fund whenever you want to. If you wish to terminate your membership of YTK, please send us a notice of resignation.

The resignation date is the date we receive your resignation form. You can only resign retroactively if you are joining a different fund or retiring. When you change funds, the resignation date is the day before the date you join the new fund. Similarly, when you retire, the resignation date is the day before your retirement begins.

If you have paid the full year’s membership fee and you end your membership in the middle of the year, please state your bank account number on the resignation form to get a refund. You may request a refund if you have at least 10 € of your membership fee remaining.​​​​​​

You can only accumulate the working condition period as an unemployment fund member. If you resign from the fund and do not rejoin us or join a different unemployment fund within one month, you will forfeit your accumulated working condition period.

Being a member of our fund does not stop you from joining a trade union. In other words, you do not need to resign from the fund if you join a trade union.

Termination

We may terminate your membership if:

  • you do not pay the membership fee by the due date,
  • you gave incorrect or misleading information when you joined the fund,
  • you fraudulently gave incorrect information or concealed something that affects your eligibility for an earnings-related daily allowance or the amount of the allowance,
  • you refuse to comply with the unemployment fund’s rules or the instructions issued by the unemployment fund’s Board of Directors,
  • you have been a full-time entrepreneur for more than 18 months.

YTK Unemployment Fund’s Board of Directors has authorised the fund’s Managing Director to make decisions on terminating memberships. We consult the member before the termination.

We issue a termination decision. You can appeal the termination by contacting the Social Security Appeal Board.

Your most important obligation as a member is to pay the membership fee. If you do not pay it, we will terminate your membership with effect from the date on which the membership fee was unpaid.

We send payment reminders for unpaid membership fees. The reminder also serves as a hearing, as referred to in the Act on Unemployment Funds, in which we reiterate the consequences of failing to pay the membership fee.

YTK Unemployment Fund is an unemployment fund for wage and salary earners. Please notify us if you become an entrepreneur. You can still be a member of our fund for up to 18 months after you start your business.

However, we recommend you move to an entrepreneurs’ fund as soon as you start your business. This enables you to insure your business against unemployment as soon as you start it. If you remain a member of the YTK Unemployment Fund, we will terminate your membership when you have been a full-time entrepreneur for more than 18 months.