The below table shows the estimated cost of increasing the State Pension (Contributory) and State Pension (Non-Contributory) by €10, €20, €30, €40 and €50.
-
|
€10 Increase
|
€20 Increase
|
€30 Increase
|
€40 Increase
|
€50 Increase
|
Scheme
|
€m
|
€m
|
€m
|
€m
|
€m
|
State Pension (Contributory)
|
253.7
|
507.3
|
761.1
|
1014.8
|
1268.5
|
State Pension (Non-Contributory)
|
50.4
|
100.8
|
151.2
|
201.5
|
251.9
|
Total
|
304.1
|
608.1
|
912.3
|
1216.3
|
1520.4
|
These costings are based on the estimated number of recipients in 2022 and are subject to change in the context of emerging trends and associated revision of the estimated numbers of recipients.