Results 1-20 of 58 for 5 million speaker:Willie O'Dea

Financial Resolutions 2022 - Financial Resolution No. 6: General (Resumed) (29 Sep 2022)

Willie O'Dea: ...to continue working on at the age of 66 years and is entitled to the old age pension. If the person forgoes the pension for the next four years then according to my arithmetic it will cost him or her €55,000 in today's money. A figure of €70 per week in four years' time to compensate you for the loss of €55,000 between now and the age of 70 years will mean that...

Social Welfare (No. 2) Bill 2019: Second Stage (12 Nov 2019)

Willie O'Dea: ...of life, inflation runs at two or three times the headline rate of inflation. I will give an example. Across all social strata in this country, the average household spends approximately 14.5% of its budget on food but the lowest 40% of the population, the four lower deciles, in income terms, the figure shoots up to 20%, which means that increases in food prices bear down hardest on...

Joint Oireachtas Committee on Social Protection: Scrutiny of the Pensions (Amendment) (No. 2) Bill 2017: Irish Association of Pension Funds and Irish Congress of Trade Unions (11 Apr 2019)

Willie O'Dea: ...is also another issue that has been brought to my attention and which will require a decision from the Government. In order to qualify at all for a contributory pension, a person will have to meet 520 contributions paid in total. That used to be 260 and this was unilaterally increased to 520 in 2012 but I do not know the reason behind that. I take the point on auto-enrolment versus...

Select Committee on Social Protection: Social Welfare Bill 2017: Committee Stage (30 Nov 2017)

Willie O'Dea: ...year the Department is saying that most of the money it intended to spend on this has already been spent. I know it is demand-led and it is supposed to be open-ended. The Minister mentioned €5 million for last year. Will she get me the figures going back?

Correcting Pension Inequities: Motion [Private Members] (18 Oct 2017)

Willie O'Dea: ...; - changes made to the State pension before 1994 and in 2012 have had a very negative impact on women’s ability to access adequate pensions; - new bands introduced in 2012 have resulted in at least 35,000 women receiving lower pensions; - those women who left paid employment to mind their children prior to 1994 are also at a considerable disadvantage; and - the Minister for...

Select Committee on Social Protection: Estimates for Public Services 2017
Vote 37 - Social Protection (Revised) (18 May 2017)

Willie O'Dea: ...are divided between pay and non-pay. Pay has not increased significantly. It seems to be non-pay that has increased. Pay has gone down slightly, actually, but non-pay has increased from €190 million to €254.9 million, which is quite a considerable increase. It is an increase of €50 million and perhaps the Minister would like to comment on that. The pension...

Select Committee on Social Protection: Estimates for Public Services 2017
Vote 37 - Social Protection (Revised) (18 May 2017)

Willie O'Dea: I will follow on a point made by Deputy Brady in regard to the abolition of the bereavement grant. The Minister mentioned that a figure of €5 million was paid out last year in exceptional needs payments. Where does the provision for exceptional needs payments appear in the budgetary figures? Is it part of the supplementary welfare allowance?

Nursing Home Support Scheme (Amendment) Bill 2016: Second Stage [Private Members] (26 Jan 2017)

Willie O'Dea: ...in receipt of such care, however, I will outline some statistics which demonstrate the magnitude of the problem we face. Ten years hence, it is estimated that there will be 908,000 people over 65 years of age in this country. That is one in six of the population. In the 20 years between 2006 and 2026, the number of people over the age of 75 years in the country will increase by a factor...

Select Committee on Social Protection: Estimates for Public Services 2016
Vote 37 - Social Protection (Supplementary) (1 Dec 2016)

Willie O'Dea: ...recall that representations were made to both him and his predecessor regarding the abolition of the retirement pension, where people are compelled by the terms of their employment to retire at 65 years of age but they must wait a year, and it will shortly be two years, for a pension. In such cases, many of them are obliged to seek jobseeker's allowance. I was informed that an...

Social Welfare Bill 2016: Second Stage (8 Nov 2016)

Willie O'Dea: ...introduced by the previous Minister for Social Protection, Deputy Joan Burton, and it has given rise to a situation where a person who enters the social welfare system just before his or her 56th birthday and pays stamp for ten years will be entitled to a full pension. If somebody pays stamp equal to 20 years contributions over a longer period, in many cases, he or she will be entitled to...

Joint Oireachtas Committee on Social Protection: Priorities for Department of Social Protection: Minister for Social Protection (7 Sep 2016)

Willie O'Dea: ...over the past couple of years, as the Minister will be aware. The Minister mentioned that the cost to the State of providing a jobseeker's benefit scheme in respect of the self-employed would be €87 million and the cost in that regard in terms of invalidity pension would by €78 million. What is the position in relation to illness benefit? I am aware that the advisory...

Revised Estimates for Public Services 2016 (Resumed) (22 Jun 2016)

Willie O'Dea: ...that over the past five years, when there has been no increase in social welfare rates apart from the €3 per week in the old age pension in the last budget, inflation has increased by just under 5%. That is a 5% erosion of the purchasing power of social welfare benefits. Some studies have been conducted on the impact of this on the elderly. Due to the type of goods the elderly...

Social Welfare Bill 2015: Second Stage (4 Nov 2015)

Willie O'Dea: ...The Minister devoted a good part of her contribution to the elderly. This is the first pension increase since 2009-10, but the rate of inflation since the last increase has been running at 4.5%. In normal circumstances that would represent an erosion of 4.5% in the purchasing power of what the people concerned are getting, but the position is somewhat worse than this. The inflation...

Topical Issue Debate: Rent Supplement Scheme Payments (30 Jun 2015)

Willie O'Dea: I thank the Minister of State for his offer and intend to take him up on it. I take his point on rent inflation. We propose a 5% increase in the rent cap in order to alleviate what is a desperate situation. I am not in favour of hundreds of millions of euro of taxpayers' money going into the pockets of private landlords. I abhor it and it is grossly wasteful; however, we are faced with a...

Irish Water: Motion [Private Members] (21 Oct 2014)

Willie O'Dea: ...from the premise that the entirety - or almost the entirety - of the population are shysters, fraudsters and gangsters who will deliberately submit false returns and poor old Irish Water will give 5 million allowances to 1.5 million houses. The Revenue Commissioners, who collect tax in this country, take people on trust. A person fills out a tax return outlining his or her...

Leaders' Questions (15 Jul 2014)

Willie O'Dea: This only requires €1 million from a €5 billion budget.

Free Travel Pass: Motion [Private Members] (8 Jul 2014)

Willie O'Dea: ...income has also been affected by the medical card fiasco. I well recall the occasion a number of years ago when the previous Government proposed that a single person on a net income of more than €1,500 per week would not get a medical card. The current Taoiseach and leader of Fine Gael described that as - I noted his words - a Judas betrayal. If a limit of €1,500 net per...

Ceisteanna - Questions - Priority Questions: Rent Supplement Scheme Payments (10 Jun 2014)

Willie O'Dea: ...problems? Perhaps she is correct that the solution is not simply to increase the flow of State money to landlords. The figures I have suggest the top 20 earning landlords last year received €5 million from the State in sums ranging from €180,000 to €578,000 to an individual at the top of the scale. That is one side of the story, but, on the other hand, the...

Ceisteanna - Questions - Priority Questions: Respite Care Services (10 Jun 2014)

Willie O'Dea: ...has spent several minutes answering a question that could be answered in four words: We have no plans. The Minister mentioned that the expenditure on carers in the current year is at €806 million. She will be aware that for every euro the State spends on carers it gets back about €5. The value of the total caring done in this country is estimated to be between €4.5...

Social Welfare and Pensions Bill 2014: Second Stage (4 Jun 2014)

Willie O'Dea: ...almost 7% and approximately one in five children up to the age of 17 are in the risk of poverty category, which is double the OECD average. The basic social welfare rate for a single person is €25 per week below the internationally accepted poverty line. If one is under 25 this shortfall can reach as much as €113 per week. This is not a very attractive legacy. The...