Social Services Measures

Social Services Measures

  • The pensionable age will not be increased.
  • The third pillar will be introduced for private pensions whereby fiscal incentives will be given to whom will invest in such pension schemes.
  • Widows will continue to benefit from a full pension. An amount of €2.2 million has been voted for the sepensions.
  • Service pensions will improved gradually. From 2014 the pension will be increased by €200, from €1,266 to €1,466. It is estimated that these measures will cost €1.5 million with 5,500 pensioners benefiting form such increase.
  • From next year the yearly allowance given to the elderly will be increased from €300 to €500 and will be given to those with an age of 75 years and over.
  • It was decided to exempt elderly and disabled persons from paying their share of the social security contribution as employers when such persons employ live-in carers.
  • There will be an increase in the Disabled Child Allowance from €16.31 per week to €20 per week. 815persons will benefit from this increase.
  • The tax on the transfer of immovable property causa mortis will be removed for disabled persons who inherit properties.