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Wednesday 24 November 2010

Welfare to be cut by €2.8 billion - The Irish Times - Wed, Nov 24, 2010


11:47 |

Welfare to be cut by €2.8 billion - The Irish Times - Wed, Nov 24, 2010: "Government is proposing reducing the social welfare budget by €2.8 billion over the course of its four year national recovery plan between 2011 and 2014.
The plan does not specify individual cuts to welfare payments but it suggests that a radical reform of the existing child benefit and unemployment system will be announced on budget day.
Cuts of €760 million will be made from the Department of Social Protection budget in 2011 in addition to savings of €100 million achieved through 'labour activation' measures aimed at getting people back into employment.
Further savings worth €1.9 billion will be required in the period 2012-2014, which should bring the overall social protection budget to €17.9 billion in 2014."


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