Dáil Éireann Debate, Thursday - 29 March 2018
415. Deputy Willie O'Dea asked the Minister for Employment Affairs and Social Protection the estimated cost of increasing the income disregard for those in receipt of the one-parent family payment by €5, €10, €15, €20 and €25; and if she will make a statement on the matter. [14735/18]
View answerThe estimated costings provided in tabular form below are based on the existing profile of recipients of the One-Parent Family Payment as of January 2018 and assume that the Budget 2018 increases due from 29 March have taken effect.
These estimates do not take into account potential behavioural changes which would arise from the implementation of increases to the earnings disregard, in particular any potential inflows into the scheme.
|
Increase OFP earnings disregard by: |
Approximate cost to the Exchequer in a full year |
|
€5 a week (to €135 a week) |
€1.4 million |
|
€10 a week (to €140 a week) |
€2.9 million |
|
€15 a week (to €145 a week) |
€4.3 million |
|
€20 a week (to €150 a week) |
€5.7 million |
|
€25 a week (to €155 a week) |
€7.1 million |
