Dáil Éireann Debate, Tuesday - 13 February 2024
438. Deputy Sorca Clarke asked the Minister for Social Protection the estimated cost of increasing the maximum rate of disability allowance and State pension contribution by €14 per week from 1 September 2024. [6215/24]
View answerThe estimated cost in 2024 of increasing Disability Allowance and the State Pension (Contributory) by €14 per week, from September 1st 2024, is €42.9 million and €134.3 million respectively.
The estimated full year cost of increasing Disability Allowance and the State Pension (Contributory) by €14 per week, is €123.6 million and €388.1 million respectively. It should be noted that recipient number trends on State Pension (Contributory) are increasing based on demographic changes, so this estimated cost would likely rise further in future years.
These costs include a proportionate increase for Qualified Adults.
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.
