Ireland has officially implemented its 2024 social welfare increase, bringing welcome news to many individuals and families across the country.
Announced as part of the 2024 budget, these changes include a range of benefits designed to help citizens better manage the rising cost of living.
Starting January 1, 2024, the government has boosted weekly payments and allowances, ensuring more financial support for those in need.
Here’s everything you need to know about the Social Welfare Increase 2024, including how much payments have increased and who will benefit.
Social Welfare Increase
Starting from January 1, 2024, all weekly social welfare payments have increased by €12. This rise affects the maximum rate of payments, with adjustments also made to dependent rates.
Eligible individuals, including those receiving reduced rates of payment, will see proportionate increases in their benefits. The goal is to provide relief for over 1.4 million beneficiaries, as emphasized by Social Protection Minister Heather Humphreys.
In addition, the weekly payment for qualified children has risen by €4. Children under 12 will now receive €46 per week, up from €42, while those over 12 will receive €54, an increase from €50.
These changes come as part of Ireland’s largest-ever social welfare budget, reflecting the government’s commitment to helping people cope with rising living costs.
Increased Payment Rates
The social welfare increase applies to a broad range of programs. Here’s a breakdown of some of the key changes:
| Social Welfare Program | Increase |
|---|---|
| Weekly Social Welfare Payments | +€12 |
| Weekly Payment for Qualified Child (under 12) | +€4 (Total: €46) |
| Weekly Payment for Qualified Child (12+) | +€4 (Total: €54) |
| Domiciliary Care Allowance | +€10 |
| State Pension | Increased for delayed retirement up to age 70 |
| Working Family Payment (income threshold) | +€54 per week |
| Community Employment, Tús, Rural Social Scheme | +€12 |
| Energy Credit | €150 (starting January 2024) |
Additionally, those receiving the Working Family Payment will see an income threshold increase of €54 per week. This adjustment aims to prevent families from losing benefits when the minimum wage rises to €12.70 per hour in 2024.
Domiciliary Care Allowance Increase
Another significant change is the €10 increase in the Domiciliary Care Allowance (DCA), a monthly payment for parents or guardians caring for a child with a disability.
Additionally, child benefit will continue to be paid for 18-year-olds still in full-time education, extending support beyond the previous age limit of 18.
State Pension Adjustments
For seniors, State Pension rules have also been adjusted. Starting in 2024, individuals can opt to work beyond the pension age of 66, earning a 5% increase in their weekly pension for each additional year worked, up to the age of 70.
This change is particularly beneficial for those who may not have accumulated enough contributions to qualify for the full pension.
Second Energy Credit and Other Benefits
With rising energy costs, the government is also providing extra support through a second energy credit of €150, which will be automatically credited to eligible accounts starting in January 2024. This is part of ongoing efforts to help households manage utility costs during the colder months.
Additionally, recipients of Community Employment (CE), Tús, and the Rural Social Scheme will receive a €12 weekly increase starting in January.
One-Off Payments and Christmas Bonus
Another notable change is the doubling of weekly social assistance benefits at the end of January 2024. Those who qualify for the Christmas bonus will see the new, higher rates reflected in their bonus payment at the end of January.
This provides a one-time boost for individuals and families during a financially challenging time of year.
Employment and PRSI Changes
To further strengthen the social welfare system, a 0.1% increase in PRSI contributions has also been implemented for workers. This will contribute to the funding of social welfare programs, ensuring the sustainability of these crucial benefits.
Despite these changes, the income tax rates will remain unchanged at 20% and 40%. However, tax credits and income tax bands will be adjusted to offer more relief to taxpayers in 2024.
The Social Welfare Increase 2024 marks a significant step by the Irish government to provide additional financial assistance to over 1.4 million citizens.
From pension adjustments to increased child benefits and energy credits, these changes aim to help families, seniors, and low-income households manage the rising cost of living.
With social welfare programs receiving more funding than ever before, these increases are expected to offer meaningful support throughout the year.
FAQs
What is the increase in social welfare payments for 2024?
Weekly social welfare payments have increased by €12, starting January 2024.
How much has child benefit increased in 2024?
Child benefit for children under 12 increased by €4 to €46, and for children over 12 to €54.
When will the energy credit be applied?
The €150 energy credit will be applied starting from January 2024.
Can I delay my state pension to get a higher amount?
Yes, you can work beyond age 66 and earn an additional 5% in your pension for each year up to age 70.
Will PRSI contributions increase in 2024?
Yes, PRSI contributions will increase by 0.1% for workers.
