Newsletter October

New Rules of the Benefit Fund Have Entered into Force

The Financial Supervisory Authority has confirmed the rule changes decided at the spring meeting of the Kone Employee Benefit Fund for Staff. However, some proposed changes were not accepted as such due to regulatory or legal reasons. Below is a summary of the changes made by the authority:

Section 22: The Financial Supervisory Authority determined that the application period for reimbursements cannot be extended. Therefore, this section remains unchanged. The application period is still 6 months.

Section 33: The proposed restriction on voting rights for the Fund’s CEO or other employees was not accepted. As insured members of the Fund, their voting rights cannot be limited. Issues of disqualification must be handled on a case-by-case basis.

Sections 37 and 38: These sections partly overlapped. According to the authority’s guidance, Section 37 was revised to remove items already covered in Section 38, such as meeting time, location, participation method, agenda, and availability of meeting documents. Section 38 was updated to include the participation method.

All other rule changes decided at the spring meeting were approved. The new rules officially entered into force on October 20, 2025, as confirmed by the Financial Supervisory Authority.

Membership fee Increase According to New Rules

The Financial Supervisory Authority has approved the new rules of the Kone Employee Benefit Fund for Staff as of October 20, 2025. In accordance with these rules, the membership fee will increase by €2 starting November 1, 2025.

During the temporary increase period from September 1 to December 31, 2025, the monthly membership fee will be €33 from November 1 to December 31, 2025. Starting January 1, 2026, the fee will return to the rule-based amount of €31 per month.

Thank You for Participating in the Info Session

The Kone Employee Benefit Fund held an info session to present the results of the recent survey conducted among insured members. The session focused on development themes and highlighted key topics raised in the survey, including feedback on the Fund’s operations, services, and areas for improvement.

The sessions were held in both Finnish and English, and recordings were made of each.
The recordings or related materials will be shared with our members once the editing is complete. We will notify you when the recordings are available and where you can access them.

Several valuable suggestions were raised during the session, which will be further discussed by the Fund’s Board. Thank you to all participants for your insightful feedback and active engagement!

Kone Employee Insurance Fund Autumn Meeting – November 25, 2025

The autumn meeting of the Kone Employee Benefit Fund will be held on Tuesday, November 25, 2025, from 16:15 to 18:15. During the meeting, new members and deputy members will be elected to replace those whose terms are ending. Each year, two board members and two deputy members are up for re-election.

The meeting may also include decisions on other rule changes. The autumn meeting is an important opportunity to influence the Fund’s operations. The official meeting invitation will be sent in accordance with the Fund’s rules, no earlier than four weeks before the meeting. Please stay tuned for further communications!

Change in Benefit Fund Customer Service Phone Hours

The Benefit Fund’s customer service phone hours are changing. Going forward, phone service will be available on weekdays from 8:00 to 11:00.

This change aims to improve service efficiency and ensure prompt handling of inquiries. You can still contact us via email.

Thank you for your understanding and cooperation!