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Dáil Éireann debate -
Tuesday, 13 Nov 2001

Vol. 543 No. 5

Written Answers. - Redundancy Payments.

Richard Bruton

Question:

167 Mr. R. Bruton asked the Tánaiste and Minister for Enterprise, Trade and Employment her plans to improve the terms of statutory redundancy; the total payments made in 2001 under the Redundancy Payments Act, 1979; and the amount per worker made redundant. [27760/01]

From January to October 2001, statutory redundancy received by some 9,750 workers amounted to £25.1 million. The average amount received was almost £2,600. In the same period, redundancy expenditure from the Social Insurance Fund amounted to £16.5 million, £12.9 million in rebates to employers and £3.6 million directly to employees where employers were unable to make statutory payments.

The statutory redundancy scheme is kept under continuous review. With effect from 1 April 2001, and following consultation with the social partners, the ceiling for reckonable earnings was increased from £300 to £400 per week. At present I am considering proposals from a number of organisations, relating to changes to the statutory redundancy scheme.
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