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.