Dáil Éireann Debate, Tuesday - 28 June 2016
298. Deputy Willie O'Dea asked the Minister for Social Protection the full year cost in 2016 of increasing the income disregard under the one-parent family payment scheme from its current threshold of €90 per week to €95, €100, €105, €110, 115, €120 and €125 per week, in tabular form; and if he will make a statement on the matter. [18483/16]
View answerThe full cost of extending the current threshold of the income disregard under the One-Parent Family Payment (OFP) from its current threshold of €90 a week to €95 a week; €100 a week; €105 a week; €110 a week; €115 a week; €120 a week; and €125 a week is outlined in tabular form. These figures are based on the current profile of OFP customers as of June 2016.
|
Increase income disregard to: |
Estimated cost to the Exchequer in for full year |
Estimated cost to the Exchequer for July-Dec 2016 |
|
€95 a week |
€1,650,000 |
€825,000 |
|
€100 a week |
€3,300,000 |
€1,650,000 |
|
€105 a week |
€4,950,000 |
€2,475,000 |
|
€110 a week |
€6,600,000 |
€3,300,000 |
|
€115 a week |
€8,250,000 |
€4,125,000 |
|
€120 a week |
€9,900,000 |
€4,950,000 |
|
€125 a week |
€11,550,000 |
€5,775,000 |
