464. Deputy Ged Nash asked the Minister for Enterprise, Trade and Employment if he is aware that the €600-per-week cap on statutory redundancy payments has not been reviewed or revised upwards in almost 20 years; if he will review it upwards this year to the average weekly industrial wage; if he will then commit to a process of benchmarking the rate against wage growth on an annual basis; and if he will make a statement on the matter. [34323/24]

Summary

464. Deputy Ged Nash asked the Minister for Enterprise, Trade and Employment if he is aware that the €600-per-week cap on statutory redundancy payments has not been reviewed or revised upwards in almost 20 years; if he will review it upwards this year to the average weekly industrial wage; if he will then commit to a process of benchmarking the rate against wage growth on an annual basis; and if he will make a statement on the matter. [34323/24]

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• Redundancy Payments

  xml · EN · 9 September 2024

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