How can I calculate the parental allowance?
In the Internet there are numerous computers, which calculate the parents money.Important factors are the assessment period, current pay, gross parental allowance, flat-rate tax deduction and social security contributions. The relevant assessment period is the last twelve months before the birth of the child. With regard to the current salary, one-time special benefits from the employer, such as Christmas or vacation pay, are deducted.
The gross parental allowance is the monthly salary with deduction of the employee lump sum (83.33€ per month). With flat-rate social security deductions are meant deductions like 9% for health and nursing care insurance, 10% for pension insurance and 2% for unemployment insurance (altogether 21% for social security contributions). The parents finally receive the parental allowance net, which is made up as follows: Parental allowance net = parental allowance gross – tax deductions – social security deductions For the exact amount of parental allowance you finally receive, the parental allowance net must be multiplied by the parental allowance replacement rate. You can calculate the parental allowance online or ask at a parental money office and get help with the calculation.
Parental allowance for the 2nd child
The parental allowance is calculated individually for each child. In principle, parents are entitled to parental allowance for each newborn child. The 12 months before the birth of the child are essential for the calculation of the parental allowance.
If within these 12 months, for example in the first four months of the calendar year, parental allowance was still paid, due to an older child, the assessment period can be changed at the request of the parents when the application is filed. This means that in this case, for example, four months before the birth of the first child can be offset against the remaining eight months before the birth of the second child. If desired, the overlapping months can be excluded and calendar months can be shifted back.
This may sound complicated, but it can lead to a higher amount of parental allowance for the second child, which can help many families. In order to adjust the assessment period, one can seek help with the application at the responsible parental allowance office. In addition, there is a sibling bonus as increased parental benefit if the second child is born before the first child is exactly three years old.
If the first child is already older than three years at the time of the birth of the second child, this bonus is not applicable. The sibling bonus amounts to 10% of the regular parental allowance and at least €75.00 per month. In the case of a twin birth or other multiple births (such as triplets), the parental allowance increases by at least another 300.00€, so that the parents receive at least 600.00€ monthly for twins and at least 900.00€ for triplets.
All articles in this series:
- Parental allowance
- When do I get parental allowance?
- How can I calculate the parental allowance?
- What is meant by Elterngeld Plus?
- How does the parental allowance affect my tax return?
- What about the parental allowance for twins?
- Parental and maternity benefits – What is the difference?
- Is there parental benefit when I receive Hartz IV?
- What is the employer’s certificate for parental allowance?
- Does the parental allowance start earlier in the case of a premature birth?
- How do annual special payments affect the parental allowance?