Dáil Éireann Debate, Thursday - 12 December 2019
352. Deputy Tom Neville asked the Minister for Employment Affairs and Social Protection the estimated cost of increasing the contributory and non-contributory pensions by €5 in each of the years 2021 to 2025. [52519/19]
View answerThe estimated year-on-year cost of increasing all contributory and non-contributory pensions by €5 per week (with proportionate increases for qualified adults), based on the projected number of recipients in each year is detailed in the following table.
| 2021 | 2022 | 2023 | 2024 | 2025 | Total Cost | |
| Cost of €5 increase | €172.0m | €172.8m | €189.9m | €199.7m | €219.7m | €954.1m |
It should be noted that this costing is subject to change in the context of emerging trends and associated revision of the estimated numbers of beneficiaries each year to 2025.
