Budget 2014 changes to Jobseekers Allowance for under 26 year olds:
Currently any claimant aged 18 to 21 gets €100 a week and those aged 22 to 24 get €144 . The full rate of €188 a week is paid to those aged 25 or more.
The Budget 2014 changes will mean that from January 2014 the €100 a week lower rate will be paid up to the age of 24 (extended by 3 years) . Those aged 25 will get €144 and the full rate of €188 will not be paid until claimants reach 26.
Just to be clear on existing claimants ….
From Jan 1st 2014 – claimants aged 18-24 years (without children) will get €100 per week unless they are an existing claimant on a higher rate, in which case their rate will not go down.
From Jan 1st 2014 all claimants aged 25 (without children) will receive €144 a week unless they are an existing claimant on a higher rate, in which case their rate will not go down.
This weekly rate will increase to €188 when they reach 26 years of age.
Just for comparison – the Jobseekers allowance in the UK is £56.80 (€68) a week for under 25’s and for those aged 25 or over it is £71.70 (€86) a week.