Withdrawal of Pandemic Unemployment Payments in €1bn recovery plan

PUP will be phased out, but other pandemic supports will be retained for the coming months 

Wage subsidies and other support schemes will be retained in a bid to kickstart businesses which have suffered in the pandemic. File Picture: Gareth Chaney/Collins

A €1bn economic recovery plan is set to be unveiled by the Government later today in an effort to get millions of people back to work.

The plan will set an ambitious target of having 2.5m people in employment by 2023 — higher than the pre-pandemic levels of employment — but will also see the winding down of the pandemic unemployment payment (PUP) for those who are out of work due to Covid-19.