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Increase in State pension likely be included in upcoming budget

Jul 4, 2022 15:26 By News Northern Sound
Increase in State pension likely be included in upcoming budget
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Ministers are meeting to approve the Summer Economic Statement, outlining more than €2 billion in additional spending.

An increase in the State pension and other welfare payments will likely be included in the upcoming budget.

Ministers are meeting at the moment to approve the Summer Economic Statement outlining more than €2 billion in additional spending.

They're also likely to bring forward the date of the budget to the end of September.

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Taoiseach Micheál Martin has said they're trying to strike a balance between increasing spending while not chasing inflation:

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