Seanad debates

Wednesday, 26 November 2003

Book of Estimates 2004: Statements.

 

We had a debate in the House a few weeks ago during the Labour Party's Private Members' time and I do not want to repeat what I said then, or what others on these benches said. However, I want to put down a couple of markers for the budget next week. The Government is committed to increasing the old age pension to €200 a week. It is also committed, under its review of the NAPS, to increasing the lowest level of social welfare payment to €150 in real terms before the end of its term, which will, in effect, be about €180 by that time. That will not be achieved if we try to increase social welfare payments by the level of inflation. It will require a payment of at least double the rate of inflation to make it possible to stay on course to meet those targets. I put down this marker now that we will expect the Minister for Finance and the Minister for Social and Family Affairs to deliver on this when the budget is announced next week.

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