Coronavirus unemployment payment to rise to €350 per week and Government to pay 70pc of retained workers' salaries - News Summed Up

Coronavirus unemployment payment to rise to €350 per week and Government to pay 70pc of retained workers' salaries


The emergency welfare payment for workers who have lost their jobs due to the coronavirus crisis will increase to €350 per week, Independent.ie understands. And in a significant new move the Government will also pay 70pc of employee wages up to €410 per week for businesses who are willing to meet the remainder of their staff’s weekly payment. Last week, the Government introduced the Covid-19 Pandemic Unemployment Payment which was initially set at €203 per week. The payment, which is available to employees and self-employed workers who are down income because of the coronavirus, will now increase to €350 per week. In these cases, the State will pay 70pc of employee salaries up to €410 per week and the company will be asked to pay the remaining 30pc.


Source: Irish Independent March 24, 2020 13:41 UTC



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