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.