Low-earning families set to benefit from working subsidies
Published 14/10/2015 | 02:30
Some 60,000 low-income working families will benefit from changes to a Government scheme to boost their earnings.
The income thresholds for the Family Income Supplement scheme are being increased by €5 for families with one child, and €10 for larger families.
The change will be worth €18m to families who receive this subsidy to make sure it is worth their while to work rather than to receive welfare.
It's part of a range of Budget measures designed to support people on low incomes.
Earnings disregards for lone parents of older children on jobseekers transitional payments will also be increased from €60 to €90 per week, along with further work incentives.
Top-up payments of €2.50 per week are also being introduced for those on community employment, jobbridge and other back to work schemes.
Junior Social Protection Minister Kevin Humphreys said that great progress had been made in reducing long-term unemployment.
"The top-up payments will provide a further incentive for people to get back into work," he said, while a new tapered PRSI credit would also benefit those on low incomes.