Social Welfare Act, 1972

Increase of rates of old age pensions.

2.—(1) Section 77 of the Act of 1952 is hereby amended by—

(a) the substitution of “two hundred and seventy-three pounds” for “two hundred and sixty pounds” in each place where it occurs in subsection (2) (inserted by the Social Welfare (Miscellaneous Provisions) Act, 1964 ),

(b) the substitution of “two hundred and sixty pounds” for “two hundred and forty-seven pounds” in that subsection,

(c) the substitution of “fifty new pence” for “forty new pence” in that subsection,

(d) the substitution for the Table (inserted by the Act of 1971) to that subsection of the Table to this subsection, and

(e) the substitution of “three pounds” for “fifty-five shillings” in paragraph (a) of subsection (5) (inserted by the Act of 1969).

TABLE

Rate of Pension

Weekly Rates

Means of claimant or pensioner

Claimant or pensioner, no qualified child

Claimant or pensioner, one qualified child

Claimant or pensioner, two or more qualified children

(1)

(2)

(3)

(4)

£

£

£

Where the yearly means of the claimant or pensioner as duly calculated—

are Nil

5·15

6·30

7·45

exceed Nil but do not exceed £26·25

4·90

6·05

7·20

exceed £26·25 but do not exceed £52·50

4·65

5·80

6·95

exceed £52·50 but do not exceed £65·50

4·40

5·55

6·70

Plus, where there are more than two qualified children, 75p for each qualified child in excess of two.

exceed £65·50 but do not exceed £78·50

4·15

5·30

6·45

exceed £78·50 but do not exceed £104·75

3·90

5·05

6·20

exceed £104·75 but do not exceed £117·75

3·65

4·80

5·95

exceed £117·75 but do not exceed £130·75

3·40

4·55

5·70

exceed £130·75 but do not exceed £143·75

3·15

4·30

5·45

exceed £143·75 but do not exceed £156·75

2·90

4·05

5·20

exceed £156·75 but do not exceed £169·75

2·65

3·80

4·95

exceed £169·75 but do not exceed £182·75

2·40

3·55

4·70

exceed £182·75 but do not exceed £195·75

2·15

3·30

4·45

exceed £195·75 but do not exceed £208·75

1·90

3·05

4·20

exceed £208·75 but do not exceed £221·75

1·65

2·80

3·95

exceed £221·75 but do not exceed £234·75

1·40

2·55

3·70

exceed £234·75 but do not exceed £247·75

1·15

2·30

3·45

exceed £247·75 but do not exceed £260·75

0·90

2·05

3·20

exceed £260·75 but do not exceed £273·75

0·65

1·80

2·95

(2) In the case of a pensioner who has attained the age of 80 years, the rate of pension payable to him in accordance with the Table (inserted by this section) to subsection (2) of the said section 77 shall be increased by fifty new pence.

(3) Section 8 of the Old Age Pensions Act, 1924 (as amended by the Act of 1971) is hereby amended by the substitution of “two hundred and seventy-three pounds” for “two hundred and sixty pounds” in subsection (1) (i).

(4) Subsections (1) to (3) of this section shall come into operation on the 4th day of August, 1972.