Übergangsgeld

Übergangsgeld is a term used in Germany to refer to transitional payments or allowances. It is a social welfare benefit provided to individuals who are transitioning between different states of employment or social security coverage. The primary purpose of Übergangsgeld is to ensure a degree of financial security during periods of unemployment, retraining, or vocational rehabilitation.

This benefit is typically administered by the Deutsche Rentenversicherung, the German pension insurance institution. It is often granted to individuals who have participated in occupational rehabilitation measures or retraining programs. The goal is to support these individuals while they are unable to work or earn their usual income due to their participation in these programs. The amount and duration of Übergangsgeld are determined by specific legal regulations and depend on factors such as the individual's previous earnings, their personal circumstances, and the nature of the rehabilitation or retraining. It aims to cover basic living expenses and facilitate a smooth reintegration into the workforce or a return to previous employment capacity.