Those who work until 70 years of age will receive over €300 a week.
Those who work until the age of 70 will benefit from a higher state pension of €315 a week.
New measures to be unveiled by Social Protection Minster Heather Humphreys today, is aimed at keeping more people in work for longer and ending the political row over retirement age.
According to the Irish Independent those who leave work at 66 will get the current weekly rate of €253, rising to €266 at €67, €281 at €68 and €297 weekly if you retire at the age of 69.
The highest weekly rate of €315 euro will apply to those who remain in work until the age of 70.
It's set be approved by cabinet today and the Minister aims to have the new scheme in place by 2024.
Meanwhile negotiations are also continuing on an increase to the state pension on budget day next week
Yellow Fog Warning Issued For Kildare
Staff At RTÉ, Newstalk And Irish Independent Evacuated Following Bomb Threat
Public Sector Pay Talk Efforts Ramping Up As Strikes Loom
French Prime Minister Claims Aer Lingus Pilots Initially Refused To Land In France After Bomb Threat
Russell Brand Found Guilty of Rape and Three Counts of Sexual Assault
ICTU Announces Plans For Next Week's Public Sector Strike
Aer Lingus Flight From Dublin Diverted Due To Emergency
Oireachtas Media Committee Chair Describes RTÉ's Appearance As "Farcical"
