Parental leave payment boost
Parental leave for families with new babies will be increased next month, says Minister of Labour Kate Wilkinson.From July 1 the maximum parental leave payment will increase from $429.74 per week to $441.62 per week. The minimum payment for self-employed
NBR Staff
Wed, 02 Jun 2010
Parental leave for families with new babies will be increased next month, says Minister of Labour Kate Wilkinson.
From July 1 the maximum parental leave payment will increase from $429.74 per week to $441.62 per week. The minimum payment for self-employed parents will increase from $125 to $127.50 per week.
“Any increase in financial support for new parents is helpful,” Ms Wilkinson says.
“The number of New Zealand parents receiving parental leave payments continues to steadily increase, with well over 25,000 families getting assistance each year.”
The maximum rate of paid parental leave is adjusted every year to account for any increase in average weekly earnings.
Parents eligible for the scheme are entitled to up to 14 weeks paid leave at a rate calculated on the basis of their average weekly earnings.
NBR Staff
Wed, 02 Jun 2010
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.