On Air Now

K Country

8:00pm - 10:00pm

  • 045 901 490
  • 0833-979797

Now Playing

Eddie Carey

Dont Go

Under New Plans People Who Work Past The Age Of 66 Will Benefit From A Higher State Pension

Stock image: Pexels

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
 

More from National News

Stay tuned to Kfm!

Get the Kfm Apps for you phone, tablet or smart speaker...

Kfm Kildare Weather

  • Wed

    Sunny intervals

    11°C

  • Thu

    Light rain

    10°C

  • Fri

    Light rain shower

    10°C

  • Sat

    Sunny intervals

    11°C

  • Sun

    Sunny intervals

    11°C