- Employment incentive
Carte de réduction 'Restructuration'/Verminderingskaart 'Herstructureringen'
This instrument is available to employees who have lost their previous job as a result of company bankruptcy, closure or restructuring.
A reduction of the personal social security contributions is foreseen for the employee who has arestructuring card and who is hired by a new employer.
This flat-rate reduction amounts to €133.33 per month for a full-time employee. It is granted in the period from when the employment started (with a valid restructuring card) until the end of the second quarter when this employment restarted. Meaning the duration of the reduction can last for a maximum of 3 quarters in total. For blue-collar workers, the amount of €133.33 is multiplied by €1.08 and for part-time workers, these amounts are prorated. This reduction in favour of the employee may only be applied insofar as the reference monthly salary of the employee does not exceed a certain wage limit:
- For employees younger than 30 years, the reference monthly wage may not exceed €3,009.
- For employees of at least 30 years of age, the reference monthly wage may not be higher than €4,416.60.
Previously (before the transfer to the regional governments) employers received social security benefits. However, all of the regions dismissed this aspect over the years.
- Regional funds
Funding (as of the 6th state reform in 2014)
No information available.
A reduction in costs for the employee in question because of the reduction in social benefits they are obliged to pay.
The reduction in social benefits for employers that used to be the case is removed in the majority of the cases. It only remains to some extent in the German-speaking community.