Gerald Nash (Louth, Labour)
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1353.To ask the Minister for Employment Affairs and Social Protection the estimated full-year cost of increasing all weekly social protection payments by €20 a week from 1 January 2025, or alternatively the cost of increasing payments by 4.25%; and if she will make a statement on the matter. [32708/24]

Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The estimated full-year cost of increasing all weekly rates by €20 is €1,513.5 million.

The estimated full-year cost of increasing all weekly rates by 4.25% is €918.6 million.

These costs are estimated on a full year basis and are based on the estimated number of recipients in 2024. It should be noted that these costings are subject to change in the context of emerging trends and associated revision of the estimated numbers of recipients.

It should also be noted that these costings include proportionate increases for qualified adults where relevant.