Details Announced Of New Benefit Payment For 65 Year Old “In-Betweeners”

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The Dept of Social Protection has issued information about the operation of a new Benefit payment for 65 year olds. This payment is intended for those “in-betweeners”, to bridge the income gap for those who stop working at 65 but have to wait until 66 years of age to claim the State Pension

Benefit Payment for 65-Year-Olds is a payment for people aged between 65 and 66 years who have ceased employment or self-employment. Benefit Payment for 65-Year-Olds is effective from 25 January 2021. A person in receipt of this payment:

Eligible individuals are no longer required to be available for full-time work or genuinely seeking work, are no longer required to sign on the Live Register, and are no longer required to participate in Activation unless they choose to They will be paid the full personal rate and the full adult-dependent rate (where applicable), and can participate in a course of education and remain on this payment. The recipient must inform the Department if they commence a course with the Educational Training Board and may continue to work in subsidiary employment.