KELA (Finnish Social Insurance)
Kela
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| Agency overview | |
|---|---|
| Formed | December 16, 1937 |
| Jurisdiction | Finland |
| Headquarters | Helsinki |
| Employees | 6,092 (December 31, 2010) |
| Annual budget | 12.6 billion € (2010) |
| Agency executive |
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| Parent agency | Parliament of Finland |
| Website | http://www.kela.fi/in/internet/english.nsf (in English) |
Kela, abbr. from Finnish: Kansaneläkelaitos, Swedish: Folkpensionsanstalten (Fpa), English: The Social Insurance Institution (ISS), is a Finnish government agency in charge of settling benefits under national social security programs. Kela was founded in 1937 to handle retirement pay. In the 1980s and 1990s, its role was expanded to handle other fields like child benefits, unemployment benefits, sickness benefits, health insurance and student benefits.
Kela is funded from compulsory payments to some of the administered schemes (24 % 2015) and by taxation. Coverage under the schemes is given to all permanent residents of Finland. Kansaneläkelaitos/Folkpensionsanstalten literally means "People's Pension Institute", reflecting its original function as the national provider of retirement benefits.
In May 2008, a Kela e-service apparently disclosed confidential medical insurance information to the wrong client, and subsequently took that service offline.
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