Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.

Tuesday, August 29, 2017

The TCNs Non-contributory social benefits

Non-contributory social benefits for TCNs

The non-contributory scheme was set up to act as a safety net by catering for those below the ‘poverty line’. Unlike the contributory scheme, the benefits within the non-contributory scheme are not based on the contributions, but on a financial means-test of the person claiming the benefit.

FAMILY BENEFITS

Children’s Allowance, Disabled Children’s Allowance, and Foster Care Allowance are classified as family benefits


Children’s Allowance, Parents having the care and custody of their children may be entitled to Children’s
Allowance. Children’s Allowance can be divided into two sections, the Children’s Allowance flat rate and the means tested Children’s Allowance benefit.

Disabled Children’s Allowance, is paid to all households with a physically or mentally
disabled child and that are not receiving any other social security pension for this
disability.

Foster Care Allowance, is paid for a child who is certified by a recognised welfare
institution as being fostered.

In Malta, only limited categories of third-country nationals can access family benefits:
If the TCN comes from a country which forms part of the European Social Charter
Long-term resident
Spouse of a Maltese citizen
EU Blue Card Holder
Researchers under Council Directive 2005/71/EC

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