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Germany (1,185) > Banking, finance, insurance workers (9)

Name: Act regarding benefits under the statutory pension insurance scheme to be paid to mothers, born before 1921, for time spent raising children (Act on payments for raising children).
Country: Germany
Subject(s): Old-age, invalidity and survivors benefit; Workers with family responsibilities; Equality of opportunity and treatment; Specific categories of workers; Banking, finance, insurance workers
Type of legislation: Law, Act
Adopted on: 1987-07-12
Entry into force:
Published on: Bundesgesetzblatt, Part I, 1987-07-16, No. 35, p. 1585-1590
ISN: DEU-1987-L-3751
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=3751&p_lang=en
Bibliography: Bundesgesetzblatt, Part I, 1987-07-16, No. 35, p. 1585-1590
Abstract/Citation: This Act amends the Social Code (LS 1980 - Ger. F.R. 2 (cons.)) by adding a reference in s. 23 to benefits for raising children. It also amends the Acts on pension insurance for workers and employees, respectively, by inserting a new division on this topic, and makes conforming amendments to other Acts. Basically, the new provisions set forth the conditions under which mothers, born before 1921, who withdrew from the workforce to care for a child, may receive an increase of 1.125 per cent in their regular pensions.

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