The Limited Times

Now you can see non-English news...

Single people should get 502 euros monthly citizen money

2022-09-10T17:13:35.399Z


From January, the previous Hartz IV benefits will be increased by more than 50 euros. The Federal Ministry of Social Affairs has now confirmed the exact planned amount. The rates for adult partners and children were also known.


Enlarge image

Citizens' income is part of the federal government's relief package

Photo: IMAGO/Felix Schlikis / IMAGO/Lobeca

According to plans by the Federal Ministry of Social Affairs, the standard rate for future citizen income should be EUR 502 per month for single adults.

This is intended to increase the previous Hartz IV rate by more than 50 euros from January 1, 2023, according to the editorial network Germany (RND) based on a draft by the ministry.

A ministry spokeswoman confirmed the planned amounts on Saturday to the dpa news agency.

At the same time, she referred to the ongoing departmental coordination within the red-green-yellow federal government.

For adult partners there should be a standard rate of 451 euros per month.

For children aged 14 to 17, 420 euros are provided.

It should be 348 euros for 6 to 13 year olds and 318 euros for up to 5 year olds.

The new citizens' allowance is to replace the current Hartz IV on January 1, 2023.

In the calculation, the standard rates – as decided by the coalition committee – should also be adjusted to inflation.

In the first step, the standard rates are determined using a mixed index, which takes into account 30 percent wage developments and 70 percent price developments.

The data from the second quarter of the year before last and from the first quarter of the previous year are looked at.

If the increase were to be calculated using this mechanism alone, the standard rate for single adults would only increase from EUR 449 to EUR 469.

But in a second step, a surcharge for the expected future inflation is now also included.

This is done on the basis of a forecast using the latest statistical data available.

This results in the greater increase in the standard rate for single adults to 502 euros.

ktz/dpa/Reuters

Source: spiegel

All business articles on 2022-09-10

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.