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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

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