Seanad debates

Wednesday, 18 December 2002

Social Welfare Bill, 2002: Second Stage.

 

The increase in social welfare spending is a real achievement in a context where unemployment – perhaps the principal source of that expenditure – has dropped from approximately 10% in 1997 to approximately 4.5% today. There is a possibility that it may rise to 5% in the coming year. This indicates that, as Members would desire, the extra resources have gone into real improvements. An increase of €10 in pensions clearly shows that we are on target to fulfil party pre-election and Government commitments towards a rate of €200. According to my rough calculations, we are also on target for a general benchmark of €150 for unemployment assistance.

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