Written answers
Tuesday, 6 February 2007
Department of Agriculture and Food
Farm Retirement Scheme
10:00 am
David Stanton (Cork East, Fine Gael)
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Question 178: To ask the Minister for Agriculture and Food if she will backdate the top up payment under the early retirement scheme; and if she will make a statement on the matter. [3547/07]
Mary Coughlan (Donegal South West, Fianna Fail)
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I decided to increase the maximum in the 1994–99 Scheme from €12,075 to €14,075 per annum and the maximum in the 2000-2006 Scheme from €13,515 to €15,000 per annum with effect from 1st November 2006.
These increases formed part of the undertakings in the social partnership agreement, Towards 2016. They will add some €33 million to the cost of the Schemes over the time they have left to run, and will be funded entirely from the Exchequer.
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