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Decisions and payments

The ELY Centre for Uusimaa processes and issues decisions on wage guarantee applications. The ELY Centre sends the application for information to the employer or the employer’s bankruptcy estate, which can issue a statement concerning the application. At the same time, the records of Suomen Asiakastieto Oy’s credit database, enforcement authorities and tax authorities are investigated to obtain information about the employer’s insolvency.

Application processing times vary depending on issues such as the employer’s availability and clarity of the claims. The expected processing time for a wage guarantee application is approximately eight months from the submission of the application.

Pay security is paid to the applicant’s bank account within one week of the date on which the decision was issued.


The applicant has the right to appeal the decision. Each decision is accompanied by the necessary appeal instructions.


Tax, which is 30% up to 5,000 € and 50% above this, is withheld from claims paid as wage guarantee.  If the applicant’s personal tax rate differs significantly from the statutory withholding rate, the applicant can obtain a tax card from the tax administration for the payment of the pay security in question. No tax is withheld from interest paid.

The ELY Centre submits information on the paid pay security to the tax administration, meaning that the employee does not need to report the wage guarantee they received in their tax return. If the pay security payment has been paid through the bankruptcy estate, the employee must report this in their own tax return.

The employee’s pension contribution and unemployment insurance contribution are deducted from the claim paid as pay security.