Bürgergeld

The Bürgergeld (German pronunciation: [ˈbʏɐ̯ɡɐɡɛlt], lit. 'citizens' money') is Germany's unemployment payment introduced on 1 January 2023. The Bürgergeld was developed by Olaf Scholz's coalition government and ratified by Germany's two chambers in November 2022.

Compared to its predecessor Arbeitslosengeld II (commonly known as Hartz IV), it has a higher unemployment grant (Regelsatz), with adult jobseekers living alone now receiving a default sum of €502 per month (plus standard rates for rent and energy), compared to the previous €449. In 2024 the sum was increased to €563. The introduction of Bürgergeld also increased the amount of personal wealth that beneficiaries can hold without a part of their unemployment grant being deducted. A single adult can own up to €40,000. Bürgergeld also replaced the Sozialgeld, a benefit for people who cannot work.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.