Donnchadh Ó Laoghaire
Question:365. Deputy Donnchadh Ó Laoghaire asked the Minister for Social Protection the estimated full year cost to the Exchequer of the benefit payment for 65-year-olds. [55966/23]
View answerThursday, 14 December 2023
Questions (365)
Written answers
The Benefit Payment for 65-Year-Olds is provided for under Jobseeker's Benefit and Jobseeker's Benefit (Self-Employed) schemes. Estimates are not prepared separately for those age 65 years and is included in the overall scheme costs. There are approximately 4,000 people in receipt of the Benefit Payment for 65-Year-Olds.
The estimated average weekly payment value for recipients of Jobseeker's Benefit in 2023 is €231.83. Based on this average payment value, the estimated full year cost for this group to the Exchequer is approximately €48.2 million.
I trust that this clarifies the matter for the Deputy.