Seán Sherlock (Cork East, Labour)
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41. To ask the Minister for Employment Affairs and Social Protection if the budget has been agreed for the introduction of the State pension transition payment [25008/20]

Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The Programme for Government commits to introducing a Retirement Payment for 65 year olds paid at the same rate as Jobseeker's Benefit without a requirement to sign on, partake in any activation measures or be available for and genuinely seeking work.

I wish to assure the Deputy that I have made the introduction of the new Retirement Payment an immediate priority for my Department. Officials in my Department are currently considering the design of the scheme and assessing the necessary legislation, ICT system requirements and administrative processes required to support the introduction of this payment.

I will bring proposals for this new payment to Government shortly and the necessary legislation will be introduced later this year.

I hope this clarifies the matter for the Deputy.