Maternity benefit is an income maintenance payment awarded to eligible women for a 26-week period on foot of a confinement. Entitlement to this benefit for employees is contingent on entitlement to statutory maternity leave.
In 2015 my Department will spend an estimated €254.16 million on maternity benefit and adoptive benefit, a related scheme. Based on this estimate the projected cost of increasing maternity and adoptive benefit provision to 52 weeks over a five year period is as follows:
Year
|
Year 1
|
Year 2
|
Year 3
|
Year 4
|
Year 5
|
Additional cost 26 to 36 weeks
|
€97.75m
|
€97.75m
|
€97.75m
|
€97.75m
|
€97.75m
|
Additional cost 36 to 40 weeks
|
|
€39.11m
|
€39.11m
|
€39.11m
|
€39.11m
|
Additional cost 40 to 44 weeks
|
|
|
€39.11m
|
€39.11m
|
€39.11m
|
Additional cost 44 to 48 weeks
|
|
|
|
€39.11m
|
€39.11m
|
Additional cost 48 to 52 weeks
|
|
|
|
|
€39.11m
|
Total additional cost
|
€97.75m
|
€136.86m
|
€175.96m
|
€215.06m
|
€254.16m
|
Total additional cost over 5 years
|
|
|
|
|
€879.79m
|