The cost of a €10 increase, for all recipients, is €39.76 million. The costs are on a full year basis and are based on the estimated number of recipients in 2025.
The breakdown is as follows:
|
Scheme
|
Cost, million
|
|
Carer's Allowance Under 66yrs:
|
€26.63
|
|
Carer's Allowance 66yrs or Over:
|
€0.94
|
|
Half Rate Carer's Allowance Under 66yrs:
|
€7.42
|
|
Half Rate Carer's Allowance 66yrs or Over:
|
€4.76
|
The estimated cost per 10,000 CA recipients in 2025 is €124.7m. An additional €10 increase for 10,000 additional recipients gives an adjusted cost of €129.9m per 10,000 CA recipients in 2025.
It should be noted that these costings are subject to change in the context of emerging trends and associated revision of the estimated numbers of recipients for 2025.
I trust this clarifies matters for the Deputy.