Full Story - http://news.yahoo.com/s/ap/20070104/...any_baby_bonus
do you think the US will ever adopt a system like this?German government has shaken up its financial assistance to parents in a bid to make it easier for working women to have children.
The new "Elterngeld" — or "parent money" — program allows an adult who stops work after a child is born to continue to claim two-thirds of their net wage, up to a maximum $2,375 per month. Low earners can claim 100 percent compensation for lost wages.
One parent can claim for up to 12 months; if both parents take a turn, they can claim the benefit for a total of 14 months — a tweak designed to encourage more fathers to help.
Germany previously paid a flat $400 a month in benefits to needy parents for up to two years. The change is expected to raise the annual outlay in direct payments for parents with infants by about $1.2 billion per year to $5 billion.