Changes to PENSIONS ELIGIBILITY
Effective September 2012 changes to Average PRSI contribution requirements for a State Pensions will result in a new 6 tier payment structure.
Based on today’s rates this will mean lower payments for those who retire from 1st September 2012. The changes as now set out will range from €4.20-€22.70 per week. Taken on their own these cuts will create hardship for many older people especially for those who have broken PRSI records. Many women fall into this category and unless the change is accompanied by a determined effort to look at their unique positions they will badly affected.
Máiréad Hayes, CEO of the ISCP, called on Minister for Social Protection, Joan Burton T.D. to examine these proposals which were unveiled for the first time today and to engage in consultation with Older People and their organisations on the matter.
For further information contact:
Chief Executive Officer
Tel: (01) 8561243 / 086 349 8848