Written answer
Social Welfare Code
2088. Deputy Ryan O'Meara asked the Minister for Social Protection his plans to increase the State Pension (Non-Contributory) means test. [63369/26]
Comment on this
The State Pension (Non-Contributory) is a means-tested payment for people who are habitually residing in the State and who do not qualify for a State Pension (Contributory), or who only qualify for a reduced rate contributory pension based on their social insurance record.
For the purposes of the means-test for this payment, the value of any savings, investments or property (other than a person’s primary residence) are assessable as means. In the case of a couple, the savings and assets of a claimant and their spouse or partner are added together, and this total is halved in arriving at the amount attributable to the claimant. The first €20,000 of the value of any savings or capital assets is disregarded. The next €10,000 is assessed at €1 per €1,000. The next €10,000 is assessed at €2 per €1,000. The balance (over €40,000) is assessed at €4 per €1,000.
My Department is conducting a review of means testing within the social protection system. The aim is to examine various means-tested schemes and identify any issues related to the respective means tests. With over 140 schemes and services, many of which are means-tested, this is a complex and detailed task. I expect this review to be submitted for my consideration shortly.
Any prospective changes to means testing arrangements will need to be evaluated and considered within the broader context of overall policy and budgetary considerations.
I trust this clarifies the matter for the Deputy.