!!!Arbeitslosenversicherung

Unemployment Insurance, compulsory state insurance for the purpose of 
covering financial loss in case of  unemployment. Its legal foundation 
is the Arbeitslosenversicherungsgesetz (unemployment insurance law) of 
1958 (last amendment, BGBl I 179/99, 1999). Main institution: Austrian 
Employment Services. Insurance contributions are paid by the employee 
and the employer (50% each). Unemployed people are eligible for 
benefits if they are willing and able to work, are de facto available 
for work placement, have worked the minimum period of time for 
eligibility and have not exhausted their unemployment benefits 
entitlement.


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