"On January 16th, the family benefit is paid at an updated value. If you are a beneficiary, register or keep your IBAN updated with Social Security Direct”, announced the Ministry of Labour.
In the State Budget for this year, a “structural reinforcement” of this social benefit was foreseen, with a basic increase of €22.
This is the equivalent of an additional 264 euros per year, highlighted the Government, in the report it delivered to Parliament.
“In this way, there is a real and significant increase in family benefit payments. This increase is intended to integrate the extraordinary support of 15 euros per month allocated throughout 2023, as well as reflect the evolution of prices for the essential food basket”, explained António Costa's Executive.
In total, 1.15 million beneficiaries should be covered by this reinforcement, with the measure having an expected budgetary impact of 320 million euros.
From April onwards the granting of family benefits should become automatic, according to the Ministry of Labour.
Social Security will inform families that they are entitled to the benefit, and it will be up to them to confirm the data and their desire to receive this benefit. Currently, family benefits must be requested by parents through the Social Security online platform or in-person services.