New weekly payment of €203 introduced for 65-year-olds after rise of pension age
A person in receipt of this payment will not be required to be available for full-time work. By Órla Ryan Monday 8 Feb 2021, 7:27 AM Feb 8th 2021, 7:27 AM 150,388 Views 53 Comments
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A NEW SOCIAL welfare payment has been introduced for 65-year-olds who are no longer employed.
Plans for such a payment were announced in the Programme for Government after the pension age was raised to 66.
The trade union Siptu and the Labour party have criticised the payment as being too low and not addressing the issue of mandatory retirement at 65 years of age.
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People who have to retire at 65 will no longer have to sign on to get a State payment before they get access to their pension.
A new payment has been introduced at the rate of €203 a week, until someone turns 66 - this is the same as the maximum rate of Jobseekers Benefit.
The change has been brought in that will allow people who have to retire at 65 to get a transitional payment before they get their State pension at 66.
The issue caused major controversy during last year s general election.
Social Protection Minister Heather Humphreys has said the new payment is available to people who are retiring now.
New weekly payment of €203 introduced for some social welfare recipients irishmirror.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from irishmirror.ie Daily Mail and Mail on Sunday newspapers.