1,400 pension holders with €100,000 savings face probe

Around 1,400 elderly people on means-tested pensions are under investigation for having €100,000 or more in their bank accounts.

20th July, 2014

Around 1,400 elderly people on means-tested pensions are under investigation for having €100,000 or more in their bank accounts.

Under the rules, all savings and assets must be disclosed before people are granted the non-contributory state pension of €219 per week.

The Department of Social Protection is now investigating 1,400 pensioners who have more than €100,000 in their bank accounts after being supplied with the information by the Revenue.

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month, €19.99 Monthly thereafter

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago