Oireachtas Joint and Select Committees

Wednesday, 31 January 2024

Joint Oireachtas Committee on Social Protection

General Scheme of the Social Welfare (Pay-Related Social Insurance and Jobseeker’s Pay-Related Benefit Provisions) Bill 2024: Department of Social Protection

Mr. Brian Duff:

Regarding the Deputy's question about the 0.7% PRSI increase, the cumulative increases between 2024 and 2028 are to provide for pension sustainability, including the retention of the State pension age at 66, and to cover the introduction of the jobseeker's pay-related scheme so the 0.7% is an envelope to encompass all of that.

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