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Increases in pension payments E-mail
Written by Mary O’ Keeffe   
Thursday, 06 December 2007
The Minister for Finance Brian Cowen has announced that he will be increasing pensions as part of Budget 2008.

The Government is increasing the full personal rate of the State (Contributory) Pension by €14 per week and that of the State (Non-Contributory) Pension by €12 per week. This will bring the State (Contributory) Pension to €223.30 per week and the State (Non-Contributory) Pension to €212 per week.

Welcoming the announcement, Cork South Central Fianna Fáil TD, Michael McGrath, said the generous pension increases announced in the Budget are testament to a government that has social inclusion at its heart.

“I am also delighted that qualified adults of pension age, mainly women whose lives were committed to home-making, are being recognised. Many may not have a record of social insurance contribution and so we are now raising the rate for the qualified adult allowance for those of pension age up €27 to €200 per week,” he said.

All other personal weekly social welfare rates will be increased by €12 per week. This will bring the lowest full adult social welfare rate to €197.80 per week.


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