The full year cost of increasing Invalidity Pension, Disability Allowance and Blind Pension to €350 is set out in the table.
Scheme
|
Cost €m
|
Invalidity Pension
|
389.2
|
Blind Pension
|
7.3
|
Disability Allowance
|
1,137.0
|
Total
|
1,533.5
|
The costs shown are on a full year basis and are based on the estimated number of recipients in 2023. It should be noted that these costings are subject to change in the context of emerging trends and associated revision of the estimated numbers of recipients for 2024.
It should also be noted that these costings include proportionate increases for qualified adults where relevant.