What are unemployment funds? When an
employee becomes unemployed or is not able to safe job due to illness
then he can avail the financial aid which is offered by the A-kasse
or unemployment insurance fund. A contributing worker passed away it
also cover in this. If a worker works 24 hours with in each month then
he is necessary to contribute to this fund. The employee is required to
contribute 1 percent his or her salary for this insurance per month. If
an employee who contribute in this insurance and due to some
circumstances lost his job then he can claim for the insurance fund.
All
over the world there are many unemployed people. An unemployed person
faces lots of problem a day. They get frustrated and don’t pay attention
to their work. To solve these problems you can use unemployed insurance
fund. Unemployment insurance usually requires fulfilling certain
condition and these conditions have been set by the unemployment office.
This condition is different from one state to another state but one
thing is common that is his or her eligibility. A person seeking a box A-kasse
or unemployment insurance fund should have lost his job. The money of
this insurance comes from the tax which paid by the employers. Insurance
fund for the self-employed can also achieve insurance fund. A business
owner pays self-employment tax to the unemployment insurance fund and
that is receive by the employee in the form of unemployment benefits.
Some percentage of cash is deducted from the business’s salary to
contribute this fund. The cash paid to the investors is not tax which
removes the possibility of double taxation.
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