Family Income Supplement (FIS) - SW 22


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Your FIS payment is 60% of the difference between your average weekly family income and the income limit for your family size, rounded up to the nearest euro.

Example 1

If you have three children and your weekly assessable family income is €300, your FIS payment is calculated as follows:
 Income limit   €713.00
 Your weekly assessable income -€300.00
 Difference  €413.00
 Weekly FIS payment is 60% of €413, which is  €247.80

(Based on current income limits January 2016)

Example 2

If you have two children and your fortnightly assessable income from worksharing is €380, your FIS payment is calculated as follows:
 Income limit   €612.00
 Your weekly assessable income (€380÷2)  -€190.00
 Difference   €422.00
 Weekly FIS Payment is 60% of €422, which is   €253.20

(Based on current income limits January 2016)

Uneven amounts are rounded up to the nearest €1.

Note
No matter how little you may qualify for, you will still get a minimum of €20 each week.

Last modified:24/02/2016
 

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