Pensioners 'will lose €600 a year' thanks to Budget

Pensioners will see an annual fall in their income of €600 as a result of Budget 2010, CEO of the Irish Senior Citizens Parliament Máiréad Hayes said this evening.

Pensioners 'will lose €600 a year' thanks to Budget

Pensioners will see an annual fall in their income of €600 as a result of Budget 2010, CEO of the Irish Senior Citizens Parliament Máiréad Hayes said this evening.

Ms Hayes said pensioners' income had already fallen by 2% as a result of the withdrawal of the Christmas bonus. The new carbon tax and 50c-per-perscription charge are other levies which will hit the elderly hard, she said, and contribute to a reduction of €600 in annual income.

"The new carbon tax will impact on vulnerable pensioners...It is older people living alone, on low incomes, in older housing stock - which tends to be poorly insulated - that are currently struggling to heat their homes. It is these people that must be protected," she said.

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited