The estimated full-year cost of increasing the earnings disregard for the o-##ne parent family payment to €160, €180, and €200 per week, respectively is set out in tabular form below:
Estimated additional Annual Cost
Estimated additional Annual Cost @ €160 disregard
|
€3.0M
|
Estimated additional Annual Cost @ €180 disregard
|
€9.0M
|
Estimated additional Annual Cost @ €200 disregard
|
€15.5M
|
The above costings are based on the number of recipients who were working and earning in excess of €150 per week on the One-Parent Family Payment as of June 2019.
The costings do not take into account potential behavioural changes, or the inflow of new entrants, which may arise from the introduction of higher income disregards. There would be additional costs on foot of these two factors, which are not possible to calculate and have not been factored into the above costing.