27th February 2012 22:18
[quote="PaniniRoses":mrctoael][quote="Winter B2B":mrctoael] The amount you get wil be based on your earnings from 2010.[/quote:mrctoael]
Does that mean what your salary was rather than what you actually took home? I was on ML for half of the year, so was only on mat benefit (tiny top up, not to my full salary) for that time.[/quote:mrctoael]
How the amount of Maternity Benefit is calculated
If you are employed, your weekly rate of Maternity Benefit is calculated by dividing your gross income in the relevant tax year by the number of weeks you actually worked in that year. Eighty percent (80%) of this amount is payable weekly, subject to a minimum payment and a maximum payment. (The Relevant Tax Year is the second last complete income tax year before the year in which your maternity leave starts. The Benefit Year begins on the first Monday of each year and ends on the Sunday immediately before the first Monday of the following year.)
If you are self-employed, your weekly rate of Maternity Benefit is calculated by dividing your gross income in the relevant tax year by 52 weeks - 80% of this amount is payable weekly, subject to a minimum payment and a maximum payment.
If you are eligible for Maternity Benefit but have no recorded earnings in the Relevant Tax Year, you will get Maternity Benefit at the minimum amount.
Rates of payment in 2012:
Maternity Benefit Weekly rate
Maximum payment €262
Minimum payment €217.80