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VakO 17.12.1987/634:87 AI generated

Early retirement severance pay is compensation for termination, not wages, when employment ends by dismissal.

Case Number VakO 17.12.1987/634:87
Court / Authority
Jurisdiction Finland (FI)
Decision Date
Outcome Allowed / Granted
Open official source Machine-readable Markdown (.md)

Legislator summary

AI generated

The Insurance Court upheld the Pension Board's decision to classify severance pay as compensation rather than wages. The applicant, who had retired early due to dismissal, argued the lump sum constituted wages earned from work. The court determined that because the employment relationship ended via termination, the payment was legally defined as compensation for that specific event.

Legislator headnote

AI generated

Vakuutusoikeus 17.12.1987/634:87; When employment terminates due to dismissal, severance pay is compensation for termination, not wages earned from work.

Keywords

AI generated
early retirement severance pay termination compensation wages distinction dismissal consequences
AI generated
insurance_2003_1175-2001
Insurance court dismissed claim for employer to return withheld pension contributions as private law matter.
insurance_1978_10708-1976
Insurance court dismissed claim for pension calculation adjustment due to prior termination compensation exclusion.
insurance_2025_181-2024
Insurance court partially allowed appeal, distinguishing non-renewed from renewed non-compete compensation for unemployment benefits.
appeal_1984_eastern-finland__2165
Employer failed to pay 6% interest on severance pay due to untimely termination.
insurance_2007_2468-2005
Insurance court dismissed appeal; employment contract termination date determined by agreement, not severance payment.

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Full text

Yksilölliselle varhaiseläkkeelle siirtyneelle, jonka työsuhde oli päättynyt irtisanomiseen, työsuhteen päättyessä maksettua kertakaikkista korvausta ei ollut pidettävä työstä saatuna palkkana vaan työsuhteen päättymisestä maksettuna korvauksena. Eläkelautakunnan päätöstä ei muutettu. V-jaosto