Thousands of people are set to be out of pocket from Tuesday thanks to changes to one social welfare payment.
Recipients of the Pandemic Unemployment Payment are being hit by more cuts as the gradual phasing out of the benefit continues.
Some claimants are set to be out of pocket by hundreds of euro a month from today as the payment rates are slashed.
The Department of Social Protection says that if you earned between €200 and €299.99 per week and were on the €203 rate of payment up to November 9, you will start moving to standard jobseeker’s terms.
If you earned between €300 and €399.99 per week - the rate of payment will be €203 per week from November 16.
And if you earned €400 or more - the rate of payment will be €250 per week.
The PUP was already decreased last month when recipients on the basic rate transitioned to the jobseekers payment amount.
The PUP changes from October 26 were:
- If you earned between €200 and €299.99 per week - the rate of payment will be €203 per week
- If you earned between €300 and €399.99 per week - the rate of payment will be €250 per week
- If you earned €400 or more - the rate of payment will be €300 per week
The next change to the PUP rates will be implemented on February 8 next year.
The most recently available figures from the Department of Social Protection show that less than 78,000 people received the PUP earlier this month.
These figures are expected to drop again this week as more people return to work.
Around €9 billion has been already been spent on the PUP in Ireland so far during the pandemic.
