Great news for parents: Norway is increasing child benefits
The Norwegian government is proposing to increase the child benefit by NOK 300 a month from September next year. That represents an increase of NOK 3,600 annually.
The increase applies to children up to the age of six, and NOK 413 million has been proposed for the measure in the state budget for 2021.
The total price tag is estimated at NOK 1.1 billion a year.
“In total, it will lead to a NOK 7,200 increase over two years for families with children.
More money for families with small children
“Additionally, everyone received an increase in child benefit of NOK 1,000 in 2019, the first increase in child benefits since 1996; a total of NOK 8,200 to families with small children,” Minister for Children and Families Kjell Ingolf Ropstad (KrF) told newspaper VG.
With the increase in child benefit, the government is fulfilling what it committed to in the Granavolden political platform – to increase the annual child benefit by NOK 7,200 for children up to 6 years.
The increase will also benefit social assistance recipients with children.
Therefore, the Ministry of Labor and Social Affairs will raise the indicative state rates for social benefits in the category 0–5 years, corresponding to the increase in child benefit.
© NTB Scanpix / #Norway Today