Dáil Éireann Debate, Tuesday - 27 July 2021
1140. Deputy Brendan Griffin asked the Minister for Social Protection if she will increase the old age pension in Budget 2022 in view of rising costs of living for pensioners and the pressures that these costs are putting pensioners under; and if she will make a statement on the matter. [40436/21]
View answerI will be considering options for Budget 2022 over the coming months in the context of available resources.
In addition, as provided for in the Programme for Government, a Commission on Pensions was established. As part of its work, the Commission was asked to develop a range of options for the Government to consider in order to address the sustainability of the state pension and the Social Insurance Fund in terms of pension age, eligibility criteria, contribution rates, pension calculation methods and pension payment rates.
The Commission is due to report to me in the near future and the Government has committed to taking action on its recommendations within six months.
