Oireachtas Joint and Select Committees
Thursday, 2 May 2024
Joint Oireachtas Committee on the Implementation of the Good Friday Agreement
All-Ireland Economy: Discussion (Resumed)
Rose Conway-Walsh (Mayo, Sinn Fein) | Oireachtas source
That does not come through there. The estimated cost of increasing public pensions, that is contributory and non-contributory, to southern rates from year one would be €450 million not €3.8 billion. That is based on the fact that there would be 390,000 pensioners moving from British pension rates to the rates that apply in the South. The top-up would cost €1,040 per pensioner for a contributory pension - that would be the 390,000 of them – and €1,664 for the non-contributory pension. There are 70,000 of those.
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