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Pandemic payments expected to continue until spring 2021

The government's pandemic payments are expected to continue until spring 2021. The plans are part...
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Newsroom

08.44 19 Jul 2020


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Pandemic payments expected to...

Pandemic payments expected to continue until spring 2021

Newsroom
Newsroom

08.44 19 Jul 2020


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The government's pandemic payments are expected to continue until spring 2021.

The plans are part of the €3bn stimulus plan going before government this week.

It is reported in today's Sunday Times that both the temporary wage subsidy scheme and pandemic unemployment payment (PUP) will be extended as part of next week's July Stimulus Package.

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The payments were originally due to end in August.

The wage subsidy scheme is expected to be expanded to cover thousands of seasonal workers, however, the 85% rate is likely to be reduced.

The scheme has cost the state more than €2bn since March.

The number of people claiming PUP dropped from 600,000 in May to 350,000 last week.

Those who had been working part-time were moved from €350 a week to the standard jobseeker's benefit rate of €203.

It Is understood that the government will also look to scale down the rate further by examing whether to incrementally cut the top PUP rate from €350 to €300 and then to €250.

Reporting by Karen Tomkins 

Main image: File photo. Credit: Perry Mastrovito/Design Pics via ZUMA Wire

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