Seymour Crawford
Question:30 Mr. Crawford asked the Minister for Social and Family Affairs the measures she will take to address the impact of rising inflation on the real value of social welfare payments. [4854/03]
Vol. 561 No. 6
30 Mr. Crawford asked the Minister for Social and Family Affairs the measures she will take to address the impact of rising inflation on the real value of social welfare payments. [4854/03]
One of the key objectives of the 2003 social welfare package was to protect or enhance the value of all rates of payment in relative terms. The budget made provision for increases in the main personal rates of weekly payments ranging from 5.1% to 7.6% as well as additional increases, also ranging from 5.1% to 7.6%, in the weekly rate of qualified adult allowances.
Budget 2003 projected that prices will increase by an average of 4.8% in 2003 as a whole. In this regard, I welcome the recent fall in the annual rate of inflation, from 5% to 4.8%, as outlined in the consumer price index report for January last. In addition, budget 2003 also provided for additional increases to those aged 66 or over, in particular those on widows and old age pensions; increased or maintained the real value of all qualified adult rates of payment and ensured that they did not fall as a proportion of the associated personal rate; and made significant progress in our programme of increases in the level of child benefit.