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Date confirmed for payment of France’s new €100 cash aid boost
Nearly 11 million people are eligible for the one-off anti-inflation support
France will begin to send out a one-off cash aid called the prime de rentrée exceptionnelle (exceptional return-from-summer-holidays bonus) from September 15.
The date was announced yesterday (August 18) by Jean-Christophe Combe, Ministre des Solidarités, de l'Autonomie et des Personnes handicapées.
Around 10.8 million households will be eligible for the aid, which will consist of a base payment of €100 plus an extra €50 for each child in the household.
The financial aid will be paid out over the course of the second half of September.
Who is eligible for the aid?
The prime will be paid to eight million people who receive social benefits such as the revenu de solidarité active (RSA), the allocation adulte handicapé, the allocation spécifique de solidarité and the allocation de solidarité aux personnes âgées. Bursary students will also qualify.
The finance ministry has also stated that the 2.8 million people in receipt of the prime d’activité for low-income workers will also benefit.
Read more:11 million people in France to get extra cash aid: are you eligible?
How will people receive the aid?
A base payment of €100 will be paid to each household receiving social benefits, with an extra €50 for each child.
Eligible people will receive the payment automatically, and do not need to do anything.
The amount to be paid to prime d’activité recipients has not yet been revealed.
“Those who do not qualify for baseline social benefits but who receive the prime d’activité will get a complementary payment at la rentrée, as well as the 4% prime d’activité increase already decided in July,” the government told Le Figaro.
Read more:Livret A, health pass: Seven changes for residents in France in August
In total, the aid is set to cost the state €1.1billion.
What is the difference between this and the allocation de rentrée scolaire?
The allocation de rentrée scolaire is aimed specifically at helping low-income families with children shoulder the costs associated with the return to school after the summer.
To qualify for this aid, the family’s income should not exceed €25,370 for one child, €31,225 for two, €37,080 for three and so on.
Distribution of this funding began on August 16 and will vary depending on the age of the child, ranging from €376.98 for six to 10-year-olds to €411.56 for 15 to 18-year-olds.
France’s prime de rentrée exceptionnelle is not designed to replace this back-to-school bonus, but can instead be combined with it to help boost a household’s spending power.
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