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Elterngeld
Elterngeld (translated literally from German as ''parents' money'') is a tax-financed payment for couples which pays an amount of money to support the costs of bringing up a child. Elterngeld schemes exists in Germany, France, and Scandinavia. It generally does not provide full support of the costs of bringing up a child. It is only provided for a limited period, ranging from until one year after birth until 18 years of age in Norway. The amount of Elterngeld granted depends in some places on the income of the parents. Need for The need for Elterngeld schemes is illustrated by the declining birth rates in Western European countries. For instance, in Germany the present birth rate is 1.3 children per woman, which is below what is calculated at the economically stable rate of 2.1 children per woman. Twenty-five European Union states currently have birth rates below this level. The issues behind the declining birth rate include the higher costs of maintaining a child, and the greater ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elterngeld (Germany)
Elterngeld (parental allowance) is a transfer payment dependent on net income as compensation for concrete disadvantages in the early phase of starting a family and thus a parent-related, temporary compensation payment. The parental allowance replaces the previous child-raising allowance. Parents who are not or not fully employed due to the care of a child or who interrupt their employment for the care of their child are entitled to parental benefit. It is intended to support parents in securing their livelihood and is therefore designed as a compensation payment. In 2013, 4.9 billion euros were paid as parental allowance (83 % of all expenditure by the Federal Ministry for Family Affairs). Almost 80 % of men receiving parental benefit took two months parental leave; 92 % of women took 10 to 12 months. General The Parental Allowance and Parental Leave Act (BEEG), which applies to children born on or after 1 January 2007, replaced the former parental allowance with parental all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
