Family compensation fund

This article deals with the institution that paid the German child benefit until 1964. For the German Federal Finance Authority, see Familienkasse ; For the French family fund, see caisse d'allocations familiales .

The German family equalization funds were the institutions that were responsible for paying out child benefit and collecting the necessary contributions from 1954 to 1964 .

They were established in 1954/55 as independent corporations under public law at the employers' liability insurance association . The legal basis was the law on the granting of child benefit and the establishment of family equalization funds (Child Benefit Act - KGG) of November 13, 1954 ( Federal Law Gazette I p. 333). The organization of the family equalization funds was based on that of the professional associations; the organs were basically identical. As with the employers' liability insurance associations, a distinction was made between commercial and agricultural providers in the family compensation funds.

Contributors were those who had or would have to pay contributions to the employers' liability insurance association for employees, self-employed or helping family members in accordance with the Third Book of the Reich Insurance Code if these persons were insured (Section 10 (1) KGG). The amount of the contributions was based on the child benefit payments to be made by the individual family equalization fund and the administrative costs. The standards of the Reich Insurance Code for the employers' liability insurance associations (cf. § 29 KGG) applied to the assessment of the contributions.

The funds were merged in the general association of family compensation funds. This was established as a federal corporation under public law at the main association of commercial trade associations (§§ 19, 20 KGG).

In 1964 the family equalization funds were dissolved. Its tasks were assigned to the Federal Employment Agency and Unemployment Insurance (today: Federal Employment Agency ).