Welfare and Pension Increases in Budget 2018
The State Pension will be Increased by €5 a week from the end of March 2018. There will be proportional increases for dependant adults and those on reduced rates. ( This is estimated to cost €116 million in 2018 ).
Welfare Benefits : All weekly rates of working age benefits are to increase by €5 a week from the end of March 2018 . This includes Jobseekers, Farm Assist, One Parent Family Payment, Carers Allowance , Disability, Invalidity, Maternity , Supplementary Welfare.
The €5 increase also applies to Jobseekers aged under 26 who are on a reduced rate of payment. (other reduced rates will get proportionate increases ).
The €5 increase also includes employment programmes such as CE, TÚS and Rural Social Scheme.
This increase will cost €147 million in 2018.
(No change to Child Benefit)
Working Family Payment – There had been talk for a couple of years of a new “Working Family Payment” – but it seems that all that has happened in Budbet 2018 is that Family Income Supplement has just been renamed the Working Family Payment !
Welfare Christmas Bonus : Will be paid at 85% again for Christmas 2017 – more details here
New telephone support payment (“Community Support Allowance”) of €2.50 per week for those on the living alone allowance ( subject to the same eligibility conditions as the Fuel Allowance) This is due to start in June 2018 .(Estimated cost €9.4 million in 2018) . It is expected that just 124,000 people will be eligible for this. We assume it will be paid automatically to those that are eligible.