Under the programme, the Government committed itself to amending the Redundancy Payments Acts to implement the recommendations of the report of the redundancy review group. It agreed to enhance statutory redundancy terms to provide for two weeks pay per year of service, with the abolition of differentiation by age, and to retain the bonus week in the calculations of payments. The rebate of 60% of the statutory redundancy payment from the social insurance fund will apply to this revised level of support. Following the recent introduction of the amending legislation by the Minister for Enterprise, Trade and Employment, the revised rates took effect on 25 May. The fact that this measure is expected to cost €149 million to implement – financed through the social insurance fund – is an indication of the high level of Government commitment to it and to honouring the terms of Sustaining Progress.