Effect of own earnings

Your earnings, income, assets and certain social security benefits all have an effect on your Labour Market Subsidy.

Earnings

If you have incidental or part-time earnings while unemployed, they are adjusted with your Labour Market Subsidy every four weeks. The basic rule is that each euro you have in earned income decreases the subsidy due to you by 50 cents. Counted as earned income are such payments as wages and other monetary compensations, taxable reimbursements of expenses, fringe benefits, etc.

Adjusted Labour Market Subsidy is payable for persons who work full-time for up to 2 weeks, who work part-time, who work a reduced schedule due to a furlough or who have self-employment income.

The number of hours per month may not exceed 75 percent of the number of hours regarded as full-time employment. Persons working a reduced week or day may not exceed 75 percent of the number of weekly hours regarded as full-time employment.

Income and assets

Also other income than earned income has an effect on your Labour Market Subsidy.

Updated 10/22/12