Written answers
Tuesday, 12 July 2022
Department of Employment Affairs and Social Protection
State Pensions
Seán Sherlock (Cork East, Labour)
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610. To ask the Minister for Employment Affairs and Social Protection the estimated cost of increasing the State pension (contributory) and the State pension (non-contributory) by €10, €20, €30, €40 and €50 respectively in tabular form.; and if she will make a statement on the matter. [37311/22]
Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The below table shows the estimated cost of increasing the State Pension (Contributory) and State Pension (Non-Contributory) by €10, €20, €30, €40 and €50.
€10 Increase | €20 Increase | €30 Increase | €40 Increase | €50 Increase | |
---|---|---|---|---|---|
Scheme | €m | €m | €m | €m | €m |
State Pension (Contributory) | 253.7 | 507.3 | 761.1 | 1014.8 | 1268.5 |
State Pension (Non-Contributory) | 50.4 | 100.8 | 151.2 | 201.5 | 251.9 |
Total | 304.1 | 608.1 | 912.3 | 1216.3 | 1520.4 |
These costings are based on the estimated number of recipients in 2022 and are subject to change in the context of emerging trends and associated revision of the estimated numbers of recipients.
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