From September 2020, the family benefits will pay a one-off € 300 child benefit - in two installments. When exactly the money is in the account depends on your child benefit number.
- From September 7th, the family insurers will pay out a one-time child bonus *.
- It will be a total of 300 euros - but divided into two installments.
- When the first payment of 200 euros is transferred, parents can easily read off the last digit of the child benefit number .
The federal government has decided on a one-time child benefit bonus to relieve families financially in times of the coronavirus pandemic. Families with low and medium incomes should benefit in particular, as the one-off benefit of 300 euros is not offset against other family or social benefits . In the case of tax, however, the bonus payment is offset against the child allowances, which means that higher incomes ultimately have nothing from the special payment, as zeit.de informs. "I hope the families will use the additional money for something that will bring joy to the children or the entire family", quoted Zeit Family Minister Franziska Giffey.
The payment of the bonus should start on September 7th. The sum of 300 euros will be paid out in two installments: in September it will be 200 euros, in October the remaining 100 euros will be transferred. In total, the federal government will take around 4.3 billion euros for the one-time benefit for families , according to the current estimate.
Also read: Child bonus of 300 euros decided: When and how will the money be paid out to parents ?
Child benefit bonus 2020: when does the first installment come?
You can find out when you can expect the first payment from the final digit of your child benefit number. A zero means that you will receive 200 euros on September 7th. Numbers ending with 1 to 9 still have to be patient, but the first installment should also be transferred in the course of September. “This is a welcome injection of finance for many families. Especially in families who have to turn over every euro, the child bonus makes the decision a little easier to buy something for the children or to do something together, ”said SPD politician and Federal Family Minister Giffey. This would also boost the economy - which is sorely needed in times of the current coronavirus pandemic.
Criticism comes from the Child Protection Association: The amount is too low to improve the digital equipment of poor children and young people, quoted zeit.de President Heinz Hilgers. (jg) * Merkur.de is part of the Germany-wide Ippen-Digital editorial network .
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Read more : Child benefit to increase in 2021: This is how much money parents should get for their children.
List of rubric lists: © Bernd Wüstneck / dpa