Alan Farrell (Dublin Fingal, Fine Gael)
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230. To ask the Minister for Employment Affairs and Social Protection the cost of increasing the weekly State pension to €310, €320, €330, €340, €350, and €360 per week by 2030. [43783/24]

Heather Humphreys (Cavan-Monaghan, Fine Gael)
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The estimated full year cost of increasing the State Pension Contributory from the current weekly rate of €277.30 to €310 is €953.8M.

The estimated full year cost of increasing the State Pension Contributory from the current weekly rate of €277.30 to €320 is €1,245.5M.

The estimated full year cost of increasing the State Pension Contributory from the current weekly rate of €277.30 to €330 is €1,537.1M.

The estimated full year cost of increasing the State Pension Contributory from the current weekly rate of €277.30 to €340 is €1,828.8M.

The estimated full year cost of increasing the State Pension Contributory from the current weekly rate of €277.30 to €350 is €2,120.4M.

The estimated full year cost of increasing the State Pension Contributory from the current weekly rate of €277.30 to €360 is €2,411.9M.

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 in 2025. It should also be noted that these costings include proportionate increases for qualified adults and for those on reduced rates of payment, where relevant.

It is not possible to estimate for subsequent years out to 2030 due to lack of information on future recipient numbers, which will be affected by a number of factors including demographics and the economic cycle.