Friday September 18, 2020

Pensioners in firing line amid budget stand-off

Pensioners will be hit by a raft of cutbacks in Wednesday's budget, with key universal benefits and age-related tax reliefs facing the axe.

2nd December, 2012

Pensioners will be hit by a raft of cutbacks in Wednesday's budget, with key universal benefits and age-related tax reliefs facing the axe, while eligibility for medical cards will be more stringently tested.

Ministers are still locked in talks on the budget this weekend, with Fine Gael pushing for cuts to basic welfare rates in return for agreement to hike the universal social charge (USC) for higher earners. Labour is strongly resisting the proposal for...

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