What happens to your bike during parental leave, reduced hours, layoff, or other absence?
Check with your employer if you are entitled to keep your bike during parental leave, reduced hours, or other temporary absence. In most cases, your employer can continue offering the bike benefit and deduct it from your salary either now or when you are back to work.
Important: Your leasing contract stays active. It can't be paused. This means you're responsible for the bike until you decide to return it or redeem it.
To end your contract, you need to give notice through your Vapaus user account. You can request either a return or a redemption — it's your choice.
Want to return the bike? You can only do this if your contract has cancellation coverage. If you don't have it, you need to redeem the bike instead.
Want to know the deadline? Give notice by the 20th of the month if you want your contract to end that same month. If you notify after the 20th, your contract ends on the last day of the next month.
Layoff
If you're laid off, you're usually not entitled to your bike benefit anymore — unless you and your employer have agreed otherwise. Check with your employer to be sure.
You should also check your tax situation. Contact the Tax Administration at vero.fi to confirm whether the bike benefit still applies to you.
Usually in case of layoff you have two options:
- Return the bike — if you have cancellation coverage
- Redeem the bike — if you want to buy it (pay for the remainder)
Learn more:
- How to return your bike in the middle of the leasing period
- How to redeem your bike in the middle of the leasing period