Parental pay set to increase

11.08.2022 - 07:51
Aktuelt
Parental pay set to increase
The maximum parental leave payment, unchanged for 18 years, will increase at the start of next year
Magnus Rasmussen, the Minister of Environment, Industry and Trade
 

The maximum monthly payment from the parental leave system (Barsilsskipanin) was in 2004 reduced to DKK 25,000 plus early retirement allowance (eftirløn).

Wages have increased significantly since 2004, but this maximum amount has remained the same.

But, in his ólavsøka speech on 29 July, the Prime Minister announced that this maximum amount will go up, and the Ministry of Trade is currently preparing this change.

A monthly increase of DKK 2,000 has been mentioned. The trade minister is not planning to increase the parental leave contribution as it is believed that there is sufficient funding for such an increase.

The paid parental leave period currently stands at 52 weeks, and this will not change, says the trade minister.

Employers want higher increase

There have been calls from many sides for increased parental pay.

The House of Industry (Vinnuhúsið), which represents private employers, welcomes the planned pay increase but would like to see a higher increase, which could be financed by shortening the parental leave period.

According to the trade minister, the changes will only apply to parents of children born after the new law comes into force on 1 January 2023.

 

Read the Faroese version of this article here.

More Faroese News in English.

Er kopiera
Nýggjastu sendingar í ÚV
Mikudag 5. oktober
Skratsj - tann 5. oktobur 2022
145834
Mikudag 5. oktober
Breddin: Fólkatingsval
145815
Mikudag 5. oktober
Góðan morgun Føroyar 05.10.22
145809
Nýggjastu sendingar í SV
Sunnudag 2. oktober
Úr savninum: Staksmentan í besta blóma
145663
Sunnudag 2. oktober
Andakt við Høgna Johannesen
145656
Sunnudag 2. oktober
Guðstænasta í Kvívíkar kirkju
145660
Leygardag 1. oktober
Innsavningartiltak hjá Bláa Krossi
145640
Mikudag 28. september
Úr savninum: Soleiðis liva tey enn 1:2
145662