cover image: Reform of the Hungarian family policy system: are employed parents

20.500.12592/qmq20d

Reform of the Hungarian family policy system: are employed parents

6 Oct 2019

Parental leaves and benefits after child birth for employed parents Baby care allowance during maternity leave (CSED) • 6 months of paid maternity leave • Benefit: 70% of previous income and no upper limit Childcare benefit during parental leave 1 (GYED) •Until the 2nd birthday of the child •Benefit: 70% of previous income •With an upper limit at 70% of twice the amount of the minimum wage 193 200. [...] Parental leaves and benefits after child birth for employed parents Baby care allowance during maternity leave (CSED) • 6 months of paid maternity leave • Benefit: 70% of previous income and no upper limit Childcare benefit during parental leave 1 (GYED) • Until the 2nd birthday of the child • Benefit: 70% of previous income • With an upper limit at 70% of twice the amount of the minimum wage 193. [...] The family tax break • Reduces the tax base of individuals before the deduction of income tax • Net benefit / month: – 1 child family : 10 000 HUF (3% of mean wage) – 2 child family : 17 500 HUF / child (5% of mean wage / child) – 3 or more children: 33 000 HUF /child (10% of mean wage / child) • If a family can not exploit the family tax break in full for income tax, they can reduce the amount of. [...] • The proportion of childcare benefit (GYED) that holds its high value has grown within the budget, and the significance of the support offered to families through the tax system has also grown considerably • The amount spent on the family allowance affecting the most families has decreased from year to year. [...] Parental leaves and benefits after child birth for employed parents Proportion of women taking-up work according to the age of the youngest child Proportion of women taking-up work according to the age of the youngest child Slide 14 Proportion of women taking-up work according to the age of the youngest child Employment rate of women according to the age and number of their children (25-49 years).
Pages
35
Published in
Austria

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