Information about Kela

KELA, or Kansaneläkelaitos (in Finnish), also FPA or Folkpensionsanstalten (in Swedish) Social Insurance Institute (SII in English), is a Finnish government agency in charge of payment for the national social security programs. It was founded in 1937 to handle retirement pay, but in the 1980s and 1990s its role was expanded to handle other fields like child benefits, unemployment benefits, sickness benefits and health insurance.

Despite the use of the word "insurance" in the English translation, KELA is funded directly from taxation, not from insurance premiums. Coverage under the scheme is given to all permanent residents of Finland.

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Anthem
Maamme   (Finnish)
VÃ¥rt land   (Swedish)
Our Land
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The term Social Security has several uses.
  • Canada Pension Plan - Canadian Social Insurance
  • Social security - the general concept of providing welfare
  • Social Security (United States) - the United States retirement/disability program

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19th century - 20th century - 21st century
1890s  1900s  1910s  - 1920s -  1930s  1940s  1950s
1926 1927 1928 - 1929 - 1930 1931 1932

Year 1937 (MCMXXXVII
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worldwide view of the subject.
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A pension is a steady income given to a person (usually after retirement).
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Child benefit (or family allowance, children's allowance) is a social security payment payable given to the parents or guardians of children. Child benefit is means-tested in some countries.
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Unemployment benefits are payments made by governments to unemployed people. It may be based on a compulsory para-governmental insurance system. Depending on the jurisdiction and the status of the person, those sums may be meager, covering only basic needs (thus a form of basic
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worldwide view of the subject.
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Health insurance is a is a form of group insurance, where individuals pay premiums or taxes in order to help protect themselves from high or unexpected
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Economic policy
Monetary policy
Central bank   Money supply
Fiscal policy
Spending   Deficit   Debt
Trade policy
Tariff   Trade agreement

Finance
Financial market
Financial market participants
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