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One-off Child Benefit Payment

online resource

posted on 2023-11-06, 21:19 authored by Mary DalyMary Daly, Sunwoo RyuSunwoo Ryu, Ertugrul PolatErtugrul Polat

Families with children were granted a one-off child benefit payment

History

Country

Iceland

Policy Area

Additional income support for families with children

Measure

Cash transfer

Eligibility

All families with children aged under 18

Type

Cash (social assistance)

Start / Announced Date

21/03/2020 (paid on 01/06/2020)

End Date

N/A

Amount

For parents with an average monthly income below ISK 927,000: ISK 40,000 per child For parents with higher income: ISK 20,000 per child

Total Cost

N/A

Recipients

Parents

Route to the child

Indirect

Sources

Stjórnarráð Íslands (2020) Icelandic Government announces 1.6bn USD response package to the COVID-19 crisis. Available at: https://web.archive.org/web/20221121160438/https://www.stjornarradid.is/efst-a-baugi/frettir/stok-frett/?NewsId=afa0d410-6b79-11ea-9462-005056bc4d74