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How much capital can I have and still get a non-contributory pension?

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Provided you have no income (such as earnings, a foreign social security pension, an occupational pension) apart from capital, the tables below set out the amounts you can have to qualify for either the maximum or a reduced rate of non-contributory pension since January 2007. Full details appear in the Tables section.

State Pension (Non-Contributory)
Single person age 66 or over

Capital

Amount of pension (2007)

Nil - €40,999.99

Maximum weekly rate €200.00

€41,000.00 - €89,999.99

Reduced weekly rate from €197.50 to €2.50

Married or cohabiting couple - applicant is age 66 or over

Capital Combined

Amount of pension (2007)

Nil - €81,999.99

Maximum weekly rate €200.00

€82,000.00 - €179,999.99

Reduced weekly rate from €197.50 to €2.50

Blind Pension
Single person under age 66

Capital

Amount of pension (2007)

Nil - €27,999.99

Maximum weekly rate €185.80

€28,000.00 - €80,999.99

Reduced weekly rate from €183.30 to €3.30

Married or cohabiting couple - applicant is under age 66

Capital Combined

Amount of pension (2007)

Nil - €55,999.99

Maximum weekly rate €185.80

€56,000.00 - €161,999.99

Reduced weekly rate from €183.30 to €3.30

Widow's or Widower's Non-Contributory Pension
Applicant is under age 66

Capital

Amount of pension (2007)

Nil - €27,999.99

Maximum weekly rate €185.80

€28,000.00 - €80,999.99

Reduced weekly rate from €183.30 to €3.30

If you qualify for a pension, we may increase your payment for each qualified adult or child you have. A qualified child is one that is living with you or being supported by you, who is under age 18 (or under age 22 if in full-time education by day at a recognised school or college).

Last Updated: 06/10/2008 10:33

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