Economic allowance per child or minor fostered under charge
It is an economic allowance recognised per dependant child or foster child under the age of 18 or older if affected by a disability equal to or greater than 65%.
Dependent children or minors who live with and are economically dependent on the beneficiary, provided they are under the age of 18 or older if affected by a disability equal to or greater than 65%.
They are considered dependent, even if they have paid employment, provided they continue to live with the beneficiary and the income from their work does not exceed 100% of the MPW in force at any time and calculated annually.
Payments / Conditions:
The amount of the economic allowance is different according to the age and the level of disability of the dependent child or foster child.
Payment is made with no bonus payments:
The benefit is exempt from IRPF.
As of 1-1-2008, and at the start of each year, the benefit will be revalued according to the CPI.
The initially recognised economic allowance will be received provided there are no family variations that determine its increase, reduction or termination.
Recognition of the economic assignment must be resolved and notified in a maximum period of 45 days.
All beneficiaries are obliged to present to the INSS, in a period of 30 days, any changes in the family situation involving the start, modification or termination of the right to the economic allowance.
|Refusal / Expiry:||
The documents needed to accredit the identity and circumstances determining entitlement will be provided.
In no case must the applicant accredit facts, data or circumstances that the Social Security Office should be aware of itself.
|Where to process the application:||
The application and necessary documentation must be submitted at any Social Security support and information centre.
The INSS is responsible for recognising the right to the economic allowance.
|Other information of interest:|