Finland's New Parental Leave Policy: How Can They Do This and the U.S. Can't?

Finland's new parental leave policy allots both parents 160 days’ parental allowance, with one parent able to transfer up to 63 days to the other. There will be an allowance period of 40 days for the final stage of pregnancy and six allowance days per week, with total amount of days for parents amounting to more than 14 months.

Parents can use their allowance days up until the child reaches the age of two, and can split the leave up into four parts. Only the pregnancy allowance days will have to be used in a single continuous period, starting 14 to 30 days before the estimated date of birth. If a child has only one parent, they are entitled to an allowance of 320 working days.
Join us as we discuss the details of this new reform, how Finland is able to pay for this in comparison to U.S. structures along with the landscape of America's parental leave policy.
Resources:

• Vero Skatt: Social and Health Insurance Contributions
• The World ‘Has Found a Way to Do This’: The U.S. Lags on Paid Leave
• Parental Leave Pushed Forward In Yet Another Country — Can The U.S. Be Next

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