Oireachtas Joint and Select Committees
Wednesday, 17 April 2024
Committee on Budgetary Oversight
Report on Indexation of the Taxation and Social Protection System: Discussion
Mr. Ciar?n Nugent:
There is a template with the work on the minimum essential standard of living. There have been changes too based on different kinds of household formations. There are already estimates for what the euro figure is for the minimum essential standard of living. Evidence of growing inadequacy of welfare rates has already been coming out through the CSO in recent weeks, particularly in regard to workers - I know we are not talking about workers - but with regard to every group really. The share of the unemployed who cannot afford the basics and are in forced deprivation is close to 40% and has been growing in recent years. That is kind of already established.