Amount

The parental allowance in 2020 is:

• a) EUR 270 per month;
• b) EUR 370 per month, if the beneficiary who applied for the parental allowance was paid a maternity allowance or a benefit similar to maternity allowance in a Member State for looking after the child in question before the claim to the parental allowance arose.

If the beneficiary duly cares for two or more children born at the same time, the parental allowance is increased by 25% for each child born at the same time. If the beneficiary neglects the compulsory education of another child in his or her care for at least 3 consecutive calendar months, the parental allowance is reduced by 50%. This amount is provided for at least 3 calendar months from the first day of the calendar month following the month in which the school notifies the office of Labour, social affairs and family that the beneficiary is neglecting the compulsory education of another child in his or her care. If, for an entire calendar month, the beneficiary is paid a maternity allowance or similar benefit in a Member State that is lower than the parental allowance, during the time that the maternity allowance or similar benefit in the Member State is paid, the parental allowance is set as the difference between the amount of the parental allowance and the amount of the maternity allowance or similar benefit in the Member State.

A benefit similar to maternity allowance that is paid in a Member State in a foreign currency is translated into euros, rounded down to the nearest euro cent, at the reference exchange rate set and published by the European Central Bank or the National Bank of Slovakia on the first day of the month for which the beneficiary claims the parental allowance. The amounts of the parental allowance applicable on 31 December are adjusted from 1 January by the coefficient adjusting the minimum subsistence level in accordance with a special regulation and are rounded to the nearest ten euro cents. The amounts of the parental allowance are set annually by a measure issued by the Ministry of Labour, Social Affairs and Family of the Slovak Republic, which publishes the full text in the Collection of Legislative Acts of the Slovak Republic by 31 December.