I propose to take Questions Nos. 179 and 180 together.
The Low Pay Commission (LPC) received an allocation of €490,000 from my Department’s Vote in 2020.
In terms of 2021, a Further Revised Estimate (FRE) for the Department will be submitted shortly to the Dáil for approval. It is expected that the LPC’s gross allocation will be maintained at €490,000 in 2021
On the basis of the LPC’s expected allocation for 2021, the table below provides the estimated cost of increasing the Commission’s funding by 5%, 10%, 20% and 50%.
2021 REV allocation
|
Increase
5%
|
Increase
10%
|
Increase
20%
|
Increase
50%
|
€490k
|
€25k
|
€49k
|
€98k
|
€245k
|