Child Benefit: Additional aid in December for 800,000 beneficiaries

Single-parent families and those with many children will be reinforced with a higher bonus at Christmas, provided of course that they declare a low annual income.

In particular, according to government announcements, 800,000 beneficiaries of OPECA’s child benefit will receive an additional one and a half installments of child benefit. As an example, the total amount (initial amount plus an additional one and a half installment) that a family with three children will receive in December ranges from 280 to 700 euros depending on income.

The amount of the aid amounts to 105 or 63 or 42 euros for each child for the first and second child, depending on the amount of income and to 210 or 126 or 84 from the third and for each subsequent child.

That is, a family that receives 140 euros per month will receive 350 euros at Christmas. (150% increase)

Examples

Family with 2 parents and 1 child, with an annual income of €26,000: The family equivalence scale is: 1 + 1/2 +1/4 = 1.75. Therefore the equivalent income is: €26,000 / 1.75 = €14,857. So the family belongs to the C income scale that receives a 28€ allowance per month will receive 70€ in December.

Family with 2 parents and 2 children, with an annual income of €28,000: The equivalence scale of the family is: 1 + 1/2 +1/4 + 1/4 = 2. Therefore the equivalent income is: €28,000 / 2= €14,000 . So the family belongs to the C income scale that receives a 56€ allowance per month will receive 140 euros in December

Family with 2 parents and 2 children, with an annual income of €18,800: The equivalence scale of the family is: 1 + 1/2 +1/4 + 1/4 = 2. Therefore the equivalent income is: €18,800 / 2= €9,400 . So the family belongs to the B income scale that receives €84 per month benefit will receive €210 in December.

Family with 2 parents and 3 children with an annual income of €13,000: The equivalence scale of the family is: 1 + 1/2 +1/4 + 1/4 +1/4 = 2.25. Therefore the equivalent income is: €13,000 / 2.25 = €5,777. So the family belongs to the A income scale that receives €280 per month will receive €700 in December.

Family with 2 parents and 2 children with an annual income of €12,000: The equivalence scale of the family is: 1 + 1/2 +1/4 + 1/4 = 2. Therefore the equivalent income is: €12,000 / 2= €6,000. So the family belongs to the A income scale that receives €140 per month will receive €360 in December.

Family with 2 parents and 4 children with an annual income of €14,500: The equivalence scale of the family is: 1 + 1/2 +1/4 + 1/4 + 1/4 + 1/4 = 2.5. Therefore the equivalent income is: €14,500 / 2.5 = €5,800. The family belongs to the A income scale that receives €420 per month will receive €1,050 in December.

Single parent families with 3 children and an annual income of €12,000: The equivalence scale of the family is: 1 + 1/2 +1/4 + 1/4 = 2. Therefore the equivalent income is: €12,000 / 2= €6,000. So the family belongs to the A income scale that receives €280 per month will receive €700 in December.

Single-parent families with 1 child and an annual income of €9,000: The family equivalence scale is: 1 + 1/2 = 1.5. Therefore, the equivalent income is: €9,000 / 1.5 = €6,000. So the family belongs to the A income scale that receives €70 per month will receive €175 in December.

Source: protothema

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