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Boosting Support: Family Allowances in Argentina Increase by 4.58% While Germany's Citizen's Allowance Rises 12% in 2024

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Discover the recent increases in family allowances in Argentina and the significant rise in Germany's citizen's allowance. Learn how these changes impact recipients amid rising living costs and what to expect in the coming years.

The National Social Security Administration (ANSeS) has officially announced a 4.58% increase in family allowances effective August 2023, impacting various benefits including the Universal Child Allowance (AUH) and Family Allowance for Child (AFH). This adjustment is crucial for families with children and pregnant women in Argentina, as it aims to provide additional financial support amidst rising living costs. The new amounts will vary based on household income, with specific thresholds set for eligibility. For instance, families earning up to $627,230 will receive $40,505 per child, while those with higher incomes will receive lesser amounts. Additionally, the Universal Basic Benefit (PBU) and Universal Pension for the Elderly (PUAM) have also seen significant increases, reflecting the government's commitment to enhancing social security measures.

In Germany, the citizen's allowance will see a substantial increase starting January 1, 2024, with a rise of approximately 12% in standard rates for social assistance. This adjustment, driven by the need to address rising living costs and energy prices, will benefit single individuals, couples, and children across various age groups. However, recipients should be aware of upcoming cuts in benefits beginning July 2024, which may affect coverage for additional costs like TV cable subscriptions. The government is also planning to tighten sanctions on citizen's income and implement new reporting obligations, aiming to motivate recipients toward employment while facing criticism for potentially harsh measures.

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Refs: | Merkur | Clarin |

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