€10 rise in State pension likely amid Budget talks

The Irish Government is poised to approve a €10 increase to the State pension and core welfare payments as Budget 2027 negotiations progress. Key departments are expected to finalize budget allocations over the next day, with the state budget taking place on Tuesday. Under the new plan, primary welfare payments and the pension will rise from the initial €7.50 increase to €10 annually.

This decision follows record tax revenues and the escalating costs of energy and groceries. The coalition government has moved beyond its initial €7.50 proposal, and both disability payments and the Living Alone allowance are also anticipated to increase. A €100 culture card for 16 and 17-year-olds is still likely to be part of the Budget, pending the identification of suitable venues and delivery methods.

The talks have been intense, with the Department of Public Expenditure seeking to limit annual spending growth to 6% next year. Meanwhile, a fuel protest group has called for emergency measures to address fuel and energy costs, which they claim are crucial for business viability and employment protection. The group has handed over proposals to Finance Minister Simon Harris, covering carbon tax, relief for households and transport, agriculture, construction, tourism, and more.