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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 (31 Jan 2024)

...;s benefit. Tapering of the nine-month payment is also included at three-monthly intervals, which will minimise the cliff-edge effect as benefit expires. The minimum rate of payment has increased to €125 per week, which is higher than the minimum under jobseeker’s benefit. The weekly rate of payment for people who have at least five years of paid PRSI contributions will be...

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 (31 Jan 2024)

...cost during a period of recession. In terms of actual costs, the intention is to introduce pay-related benefit, PRB, towards the end of this year. As I said in my statement, we have provided €5 million for that towards the end of this year. The first year in which we would actually see full-year costs is 2026, as the intention would be that people on existing jobseeker's benefit...

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