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Every country has its own laws. In Germany it is a historically grown two-tier system: The "basic" one (ALG 2) which amounts to ~9-12 EUR/day + rent (if it is
by woodpanel 8y ago
Every country has its own laws. In Germany it is a historically grown two-tier system:
The "basic" one (ALG 2) which amounts to ~9-12 EUR/day + rent (if it is a reasonable flat) [1] It comes with a lot of strings attached, like you have to use up your savings first and can recieve penalties if you don't show up for job interviews etc.
The "premium" one (ALG 1) pays you ~65% of your last 12 months gross income regardless of savings and termination pay. You guessed it, for that to make sense you would have to be employed at least 12 month before becoming jobless and at a sufficient pay-rate. Also it is limited to 1 year (after that -> ALG2)
PS: Health-insurance is included
[1] grossly simplified