Policy: Maternity / Paternity allowance

According to Cyprus legislation (Ο περί Κοινωνικών Ασφαλίσεων (Τροποποιητικός) Νόμος του 2010 (59(I)/2010), maternity allowance is paid to natural mothers for a period of 18 weeks starting between the ninth and second weeks before the week of the expected birth. Adoptive mothers receive the allowance for 16 weeks from the week of the adoption if the child is less than 12 years old. Surrogate mothers receive the allowance for 14 weeks starting 2 weeks before the expected week of confinement.

Paternity allowance is paid to natural fathers for a period of 2 consecutive weeks between the week of confinement and the following 16 weeks or between the week of confinement and the termination of maternity leave for the case of a multiple birth. Adoptive fathers receive the allowance for a period of 2 consecutive weeks between the week of adoption and the following 16 weeks.

The maternity and paternity allowance is defined in the 72% of the weekly value of the insurance points in the basic insurance during the relevant contribution year. With regards to the maternity allowance, the percentage is increased to 80%, 90% and 100% if there is one, two or three dependent members in the family accordingly.

Acknowledging that the maternity and paternity allowance does not cover the full salary of the Associate in most of the cases, Future Worlds Center pays up to 25% of the Associate’s salary during his/her allowance in order to be able to cope with the running expenses of the newborn.