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Tuesday 19 June 2018

Proposal to fix pensions anomaly - which affects up to 42,000 - to be considered at Cabinet

Tens of thousands of pensioners missing out on up to €35 a week Stock image
Tens of thousands of pensioners missing out on up to €35 a week Stock image
Independent.ie Business Desk

Independent.ie Business Desk

A proposal to fix a pensions anomaly that affects up to 42,000 people is expected to be considered by Cabinet today.

Tens of thousands of pensioners, the majority of which are women, are missing out on up to €35 a week because they took time away from the workforce for a period prior to 1994.

Some could be owed as much as €9,000 for money they were denied since 2012. It is understood the Government will not backdate payments from January 1 as demanded because that would cost €70m this year alone.

In October, Finance Minister Paschal Donohoe described the situation as "bonkers" and a campaign to get the money restored has been running since.

Hundreds of pensioners turned up outside Leinster House earlier this month to voice their disgust at the situation.

Social Protection Minister Regina Doherty has said she will do her "very, very best to fix this situation" at today's Cabinet meeting.

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