The Government is committed to substantially increasing social welfare payments and, specifically, to increasing the old age pension to £100 a week by the year 2002. Significant progress has already been made in this regard. In the two budgets since taking office, the Government has moved half way towards achieving the £100 target rate by increasing the personal rates of old age contributory and retirement pensions by £11 to £89 per week. Invalidity pensioners aged 65 and over have also received similar increases.
The rates of payment for social welfare recipients under pension age, including invalidity pensioners aged under 65 years, have been increased by £6 per week over the same period. These increases now mean that the weekly rates of invalidity pension range between 105 per cent and 124 per cent of the Commission on Social Welfare's recommended target rate.