Trygghetsfonden BAO / Finansförbundet supports former employees in the banking and finance industry and whose employment has been terminated due to redundancy. We offer financial support and grants that facilitate your transition to new employment or a new business — for your security when working life changes. Trygghetsfonden BAO / Finansförbundet is a collaboration between Finansarbetsgivarna and Finansförbundet.
This supplementary grant can be provided during the period you are still job-seeking and receiving compensation from unemployment insurance. The grant supplements the unemployment insurance compensation.
We offer support when you start your own business after being made redundant. The grant provides you with financial security during the start-up phase of your business.
Additional compensation for full-time studies provides you with financial support when you choose to pursue further education after being made redundant.
A one-time payment of SEK 12,000 may be granted to you if you have been employed for a shorter period and are studying full-time.
The education grant provides financial support for skills development that facilitates your transition to new employment or business activity.
A financial contribution towards professional counselling support if you find yourself in a personal crisis following redundancy.
We are not registered as a transition organization with the Legal, Financial and Administrative Services Agency (Kammarkollegiet). This means we cannot provide statements to The Swedish Board of Student Finance (CSN) regarding whether an education is deemed to strengthen your position in the labor market when applying for student finance for transition and retraining.
For questions regarding the assessment of your studies or the application process, we therefore refer you to CSN, which is the responsible authority for this support.
We are happy to help you with other questions related to our operations.