AI Summary of Schedule 3, Tables
Table 1 prescribes the method for calculating the weekly value of property for specified social welfare schemes. For jobseeker’s allowance, pre‑retirement allowance, farm assist and certain Part 3/Part 5 payments the first €20,000 is excluded; €20–30k assessed at €1 per €1,000; €30–40k at €2 per €1,000; excess over €40k at €4 per €1,000. Disability allowance and carer’s allowance use an identical scale with a €50,000 exclusion and bands €50–60k @€1/1,000; €60–70k @€2/1,000; >€70k @€4/1,000. Part 4 uses a €5,000 exclusion with bands €5–15k @€1/1,000; €15–40k @€2/1,000; >€40k @€4/1,000.
Table 2 lists income amounts treated as reckonable, including benefits, pensions, allowances and supplements under Parts 2–8; child benefit; HSE home care grant; Home Tuition Scheme allowance used for home tuition; mobility allowance; approved training or rehabilitation training allowances; specified foster, relative placement and aftercare payments; payments for child accommodation under the Child Care Act 1991; limited nursing‑home boarding payments; income under Scéim na bhFoghlaimeoirà Gaeilge for temporary residents; charitable grants; spouse/civil partner/cohabitant receipts under Back to Education/Work schemes and approved training including VTOS; Gaeltacht bonuses; Army Pensions/allowances up to €104 per year; expenses necessarily incurred in self‑employment; other prescribed income; and certain deleted entries.
Schedule 3, Tables
Amendments (requiring commencement) by s. 12(c) of the Social Welfare and Pensions Act 2008 (No. 2), published 7 March 2008.
Table 1
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Reference No. |
Calculation of Weekly Value |
|---|---|
| 1. |
The weekly value of property referred to in Rule 1(1)(a) of Part 2 (for the purposes of jobseeker’s allowance, pre-retirement allowance and farm assist), Rule 1(1) of Part 3 and Rule 1(1)(a) of Part 5 (for the purposes of blind pension, widow’s (non-contributory) pension, widower’s (non-contributory) pension, guardian’s payment (non-contributory) and one-parent family payment), shall be calculated as follows: (a) the first €20,000 of the capital value of the property shall be excluded; (b) the weekly value of so much of the capital value of the property as exceeds €20,000 but does not exceed €30,000 shall be assessed at €1 per each €1,000; (c) the weekly value of so much of the capital value of the property as exceeds €30,000 but does not exceed €40,000 shall be assessed at €2 per each €1,000; and (d) the weekly value of so much of the capital value of the property as exceeds €40,000 shall be assessed at €4 per each €1,000. |
| 2. |
The weekly value of the property referred to in Rule 1(1) of Part 2, for the purposes of disability allowance, shall be calculated as follows: (a) the first €50,000 of the capital value of the property shall be excluded; (b) the weekly value of so much of the capital value of the property as exceeds €50,000 but does not exceed €60,000 shall be assessed at €1 per each €1,000; |