'It has made matters worse' - Government plan leaves 65-year-old retirees worse off

The new scheme will see retirees aged 65 paid €203 a week - €45 less than the rate of pay on the State Pension
'It has made matters worse' - Government plan leaves 65-year-old retirees worse off

Under new plans, retirees at 65 no longer have to sign on for the dole to bridge the gap until they can claim the State pension - but the scheme will leave many out of pocket by over €2,300 in a year. File Picture.

Social Protection Minister Heather Humphreys has been sharply criticised for leaving retirees €45 a week worse off in a new proposal due to be launched today.

Under the plans, retirees over the age of 65 will no longer have to sign on for the dole to bridge the gap until they can claim the State pension. Up to 2,000 existing unemployment benefit recipients will qualify for this new payment immediately.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €120 €60

Best value

Monthly €10€5 / month

More in this section

Politics

Newsletter

From the corridors of power to your inbox ... sign up for your essential weekly political briefing.

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

© Examiner Echo Group Limited