DOUBLE CHILD BENEFIT PAYMENT MAY BOOST THOUSANDS OF FAMILIES’ FINANCES

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Thousands of families across the nation might soon receive a significant financial boost, with the potential for a double Child Benefit payment on the horizon. This initiative comes as part of ongoing efforts to support families amid economic challenges.

Budget 2024 brought a wave of relief to many, announcing a double Child Benefit payment that benefited thousands of families in December. Parents received a substantial €280 per child, providing critical support for over 1.2 million children across Ireland. This measure was warmly welcomed, offering a much-needed financial reprieve during a period when many households face increased living costs.

Looking ahead, the Joint Committee on Social Protection, Community, and Rural Development has put forward a strong recommendation for Budget 2025 to reintroduce this double Child Benefit payment. They have also suggested reinstating the annual social welfare Christmas Bonus, emphasizing the positive impact these payments have on families, particularly those with lower incomes. Their pre-budget submission, detailing these proposals, has been submitted to Social Protection Minister Heather Humphreys well in advance of the October budget announcement, as reported by RSVP Live.

In their submission, the Committee highlighted the tangible benefits of these lump sum payments. “The Committee has consistently received evidence of the positive impact, particularly for poorer families, of lump sum payments and believe that the Christmas Bonus and the double payment of child benefit in September should be retained,” they stated. Child Benefit is a vital financial lifeline for many families, providing a monthly payment of €140 for each child up to the age of 19 years. This support helps families manage the costs associated with raising children, ensuring that basic needs are met even in financially strained times.

Beyond the double Child Benefit payment, the Committee has also proposed a new measure to support families struggling with rising fuel costs. They have suggested introducing a half-rate Fuel Allowance payment, amounting to €462. This would be half of the current full rate of €924 and is aimed at individuals earning just €100 above the existing income threshold. The Fuel Allowance is a means-tested benefit designed to help with the cost of heating homes during the colder months. It can be paid either weekly or in two lump sums throughout the year, typically covering the period from the end of September to April, spanning 28 weeks and is included in the weekly social welfare payments.

“The Committee recommends that a new half-rate Fuel Allowance for those with an income of €100 above the existing thresholds should be introduced to address the spiralling cost of fuel,” the proposal suggests. This recommendation acknowledges the financial strain that rising fuel costs place on households, particularly during the winter months, and aims to provide targeted support to those who narrowly miss out on existing benefits.

Additionally, the Committee has called on ministers to consider increasing the income disregard for Carer’s Allowance. This change, they believe, should be carried forward in future budgets to better support those who provide essential care for family members. Carer’s Allowance is a critical support for individuals who dedicate their time to caring for others, often at the expense of their own employment opportunities.

These recommendations from the Joint Committee reflect a broader commitment to enhancing social welfare provisions and ensuring that support systems are responsive to the needs of vulnerable families. As the October budget announcement approaches, many will be watching closely to see if these proposals are adopted, potentially bringing renewed financial relief to families across the country. The hope is that these measures will help alleviate some of the economic pressures faced by households, providing a more secure and stable environment for children and caregivers alike.

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