The reform proposes to introduce an employment subsidy for those aged 55 or over. The aid would be granted without consideration of expediency as long as the conditions laid down in the Act were met.
The subsidy would be granted if:
the person to be employed has reached the age of 55 and been unemployed for at least 24 months in the last 28 months; and
the person hired on the subsidy works for the beneficiary under an employment contract for at least 25 hours per week or at least 65% of the maximum working time in the sector; and
other conditions for granting the subsidy are met.
The subsidy would cover 70% of the eligible payroll costs for 10 months, but no longer than for the duration of the employment relationship. The same rules on eligible payroll costs as for pay subsidy would apply for this form of support.