Social Welfare Consolidation Act 2005
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Rate of pension. [1993 s144(1); 1997 s19] |
164.—(1) The rate (in this Chapter referred to as “the scheduled rate”) of pension shall be the weekly rate set out in column (2) of Part 1 of Schedule 4 . | |
| [1993 s144(2); 2001 s37(1)] |
(2) (a) A pension shall be payable— | |
(i) where the weekly means of the claimant or beneficiary do not exceed €7.60, at the scheduled rate, and | ||
(ii) subject to paragraph (b), where the weekly means of the claimant or beneficiary exceed €7.60, at the scheduled rate reduced by €2.50 for each amount (if any) of €2.50 by which those weekly means exceed €7.60, any fraction of €2.50 in those weekly means being treated for this purpose as €2.50. | ||
(b) Where the rate calculated under paragraph (a)(ii) at which, but for this paragraph, the pension would be payable is less than €2.50, the pension shall not be payable. |