Budget 2012 Changes To Contributory Pension
The Irish Senior Citizens Parliament welcomes the fact that in Budget 2012 Pensions in payment were maintained at their current rate. However the Parliament is concerned that many members who are due to receive their pension from September 2012 will be affected by these proposed changes to the contributory rates listed below.
We urge the Minister to consider a more gradual approach to these changes. We also urge all those people who have been in touch with us to make their views and individual concerns/ situations known to the Minister and their elected representatives.
BUDGET 2012 PROPOSED CHANGES State Contributory Pension
Average PRSI Contributions per Year | Previous Payment | Proposed Payment | Difference |
---|---|---|---|
48 or more 40-47 **30-39**
20-29** 15-19 10-14 |
230.30225.80225.80
225.80 172.70 115.20 |
230.30225.80207
196 150 92 |
Nil Nil18.80
29.80 22.70 23.20 |
**Previously this referred to 20-47 contributions
Qualified Adult: at this time we do not have figures
These changes require legislation and are not yet in affect.
ENDS
For further information please contact
Mairead Hayes
086 349 8848

Posted on 11th December 2011 by office