Social welfare to be linked to people’s past earnings

Social welfare is set to be linked to people’s past earnings, under plans set to be brought to cabinet tomorrow.

Under the proposal, high earners who lose their jobs would be entitled to more than twice the normal social welfare rates.

This means a worker with five years of PRSI contributions would be entitled to 60 percent of their gross salary – capped at 450 euro per week.

Michael Taft, researcher with the Union SIPTU says Ireland is behind the curve when it comes to pay-related benefits.

“The principle behind a pay related benefit is that people can maintain spending in the economy.

“That benefits the businesses also benefits the workers in those businesses.

“This is something that occurs in every other EU country we are an outlier, for not having a pay related benefit.”


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