Old Age Pension Act, 1924
What is this act about?
This law, the Old Age Pension Act, 1924, amends previous Old Age Pensions Acts and the Blind Persons Act, 1920, primarily by changing the rates at which pensions are paid and adjusting how a person's financial means are calculated for pension eligibility.
Who it applies to: Individuals receiving or applying for old age pensions under the Old Age Pensions Acts, 1908 to 1919, or pensions under the Blind Persons Act, 1920; Pension officers responsible for reviewing and adjusting pension rates.
Deadlines:
- The temporary reduction of existing old age pensions for individuals under 80 years old.
- Existing old age pensions for those under 80 years old and exceeding one shilling per week will be temporarily reduced from June 20, 1924, until September 5, 1924, to the rate in the Second Schedule.
At a glance
- Country
- Ireland
- Area of law
- Social security
- Articles
- 9
- Source
- irishstatutebook.ie
- Text retrieved
- Explanation updated
What does this act regulate?
- The rate of old age pensions that start accruing on or after June 20, 1924.
- The temporary reduction of existing old age pensions for individuals under 80 years old.
- The permanent reduction and adjustment of existing old age pensions based on a review by a pension officer.
- The method for calculating the yearly value of certain property and what monies are included or excluded from income when determining pension eligibility.
Who does this act apply to?
- Individuals receiving or applying for old age pensions under the Old Age Pensions Acts, 1908 to 1919, or pensions under the Blind Persons Act, 1920.
- Pension officers responsible for reviewing and adjusting pension rates.
What are the key points?
- New old age pensions accruing on or after June 20, 1924, will be paid at a new rate specified in the First Schedule.
- Existing old age pensions for those under 80 years old and exceeding one shilling per week will be temporarily reduced from June 20, 1924, until September 5, 1924, to the rate in the Second Schedule.
- Existing pensions will undergo a permanent review by a pension officer to adjust them to the rate in the First Schedule, effective from September 5, 1924.
- When calculating the value of certain property, the first twenty-five pounds of capital value are excluded, and the yearly value of the remainder is one-tenth of its capital value.
- Sickness or disablement benefits received for up to six months in any year from a Friendly Society, Trade Union, or under the National Insurance Act, 1911, are not included in income calculations.
- Property or income assigned by a person within three years before or at any time after becoming entitled to a pension will be included in their means calculation, unless it was a bona fide sale for at least four-fifths of its value or a farm with a poor law valuation not exceeding £10.
Social security
Legal text
Legal text
Old Age Pension Act, 1924 Skip to content Disclaimer Feedback Helpdesk Gaeilge Léim go dtí an t-ábhar Séanadh Aiseolas Deasc chabhrach English Gaeilge English Produced by the Office of the Attorney General Táirgthe ag Oifig an Ard-Aighne Home Legislation Acts of the Oireachtas Statutory Instruments Pre-1922 Legislation Constitution External Resources Bills (Houses of the Oireachtas) Iris Oifigiúil / Official Gazette Revised Acts (LRC) Classified List of Legislation (LRC) Translations (acts.ie) Translations (Houses of the Oireachtas) Government Publications for Sale EU Law (EUR-Lex) FAQ Disclaimer Feedback Helpdesk Search Baile Reachtaíocht Achtanna an Oireachtais Ionstraimí Reachtúla Reachtaíocht Réamh-1922 Bunreacht Acmhainní Seachtracha Billí (Tithe an Oireachtais) Iris Oifigiúil Achtanna Athbhreithnithe (CAD) (An Coimisiún um Athchóiriú an Dlí) Liosta Rangaithe Reachtaíochta Aistriúcháin (achtanna.ie) Aistriúcháin (Tithe an Oireachtais) Foilseacháin Rialtais ar Díol Dlí AE (EUR-Lex) CCanna (Ceisteanna Coitianta) Séanadh Aiseolas Deasc chabhrach Cuardach TitleTeideal Year(s) or rangeBliain nó blianta nó raon TypeCineál All Legislation Acts Statutory Instruments Advanced SearchCuardach Casta HomeBaile ActsAchtanna 1924 Old Age Pension Act, 1924 Old Age Pension Act, 1924 Permanent Page URL View by SectionAmharc de réir Ailt View Full ActAmharc ar an Acht Iomlán Bill History Stair Bille Commencement, Amendments, SIs made under the Act Tosach Feidhme, Leasuithe, IRí arna ndéanamh faoin Acht Print Full ActPriontáil an tAcht Iomlán Number 19 of 1924.
OLD AGE PENSION ACT, 1924.
ARRANGEMENT OF SECTIONS Section
Section 1
Definitions.
Section 2
Rate of future old age pensions.
Section 3
First reduction of rates of pensions.
Section 4
Review of existing old age pensions for purpose of permanent reduction.
Section 5
Amendment of method of calculating value of certain property.
Section 6
Certain monies not to be included in income.
Section 7
Certain property to be included in calculation of means.
Section 8
Amendment of statutory condition as to means.
Section 9
Short title and construction.
FIRST SCHEDULE Future Rate of Pension SECOND SCHEDULE Temporary Rate for Existing Pensions Number 19 of 1924.
OLD AGE PENSION ACT, 1924.
AN ACT TO AMEND THE OLD AGE PENSIONS ACTS, 1908 TO 1919, AND THE BLIND PERSONS ACT, 1920 , IN RESPECT OF THE RATE AT WHICH PENSIONS ARE PAYABLE THEREUNDER AND ALSO IN CERTAIN OTHER RESPECTS. [5th June, 1924.] BE IT ENACTED BY THE OIREACHTAS OF SAORSTAT EIREANN AS FOLLOWS:— Definitions.
1.—In this Act— the expression “the Old Age Pensions Acts” means and includes the Old Age Pensions Acts, 1908 to 1919 and this Act; the expressions “the Act of 1908,” “the Act of 1911,” “the Act of 1919” and “the Act of 1920” mean respectively the Old Age Pensions Act, 1908, the Old Age Pensions Act, 1911, the Old Age Pensions Act, 1919, and the Blind Persons Act, 1920 ; the expression “old age pension” means an old age pension under the Old Age Pensions Acts, 1908 to 1919, or an old age pension under the Old Age Pensions Acts, as the context may require, and in either case includes a pension under section 1 of the Act of 1920; the expression “the first appointed day” means the 20th day of June, 1924; the expression “the second appointed day” means the 5th day of September, 1924; the expression “the Minister” means the Minister for Finance.
Rate of future old age pensions.
2.—An old age pension which shall commence to accrue on or after the first appointed day shall be at the rate set forth in the First Schedule to this Act in lieu of the rate set forth in the First Schedule to the Act of 1919.
First reduction of rates of pensions.
3.—(1) Every old age pension which has or shall have commenced to accrue before the first appointed day and is, immediately before that day payable at a rate exceeding one shilling per week, and is payable to a person who, on the first appointed day, shall not have attained the age of eighty years, shall, on and after the first appointed day and until the second appointed day, be payable at the rate set forth in the Second Schedule to this Act in lieu of the rate set forth in the First Schedule to the Act of 1919.
Review of existing old age pensions for purpose of permanent reduction.
4.—(1) Immediately upon the passing of this Act every pension officer shall proceed to review all old age pensions payable in his district which— (a) have commenced to accrue before the passing of this Act or shall commence to accrue before the first appointed day, and (b) immediately before the first appointed day are payable at a rate exceeding one shilling per week, and (c) are payable to persons who on the first appointed day shall not have attained the age of eighty years,and upon such review the pension officer shall reduce or otherwise adjust such pension to the rate at which the same would be payable according to the scale set forth in the First Schedule to this Act, and shall fix the rate of such pension accordingly.
Amendment of method of calculating value of certain property.
5.—(1) The yearly value of any such property as is mentioned in clause (a) of sub-section (1) of section 2 of the Act of 1911 shall be calculated as follows in lieu of the mode of calculation prescribed by that clause or by sub-section (1) of section 4 of the Act of 1919, that is to say:— (i.) the first twenty-five pounds of the capital value of the said property shall be excluded, and (ii.) the yearly value of so much of the capital value of the said property as exceeds the sum of twenty-five pounds shall be taken to be one-tenth part of the capital value thereof.
Certain monies not to be included in income.
6.—(1) In calculating the income mentioned in paragraph (b) of sub-section (1) of section 2 of the Act of 1911, no account shall be taken of any amounts received during a period of not more than six months in any year by a person or by the husband or wife of a person (as the case may be) under a medical certificate as sickness benefit or disablement benefit from a Friendly Society or a Trade Union or under the National Insurance Act, 1911.
Certain property to be included in calculation of means.
7.—(1) If and whenever any person, within three years before or at any time after he becomes entitled to receive an old age pension and either before or after the passing of this Act, assigns any property or income, such property or income shall be taken into account in calculating for the purpose of the Old Age Pensions Acts or section 1 of the Act of 1920 the means of that person, unless it shall appear that the assignment was a conveyance or transfer by operation of law or was a conveyance or transfer on a bona fide sale for valuable consideration in money or money's worth amounting to not less than four-fifths of the value of the property or income, or the estate or interest therein, which was the subject of the sale, or that the property comprised in the assignment consists only of a farm of land the poor law valuation whereof (including the buildings thereon) does not exceed £10, together with or without the stock and chattels thereon.
Amendment of statutory condition as to means.
8.—(1) It shall be a statutory condition for— (a) the receipt by any person before the second appointed day of an old age pension which, shall commence to accrue on or after the first appointed day, and (b) the receipt by any person on or after the second appointed day of any old age pension, that the person must satisfy the pension authorities that his means as calculated under the Old Age Pensions Acts do not exceed thirty-nine pounds five shillings.
Short title and construction.
9.—(1) This Act may be cited as the Old Age Pensions Act, 1924.
FIRST SCHEDULE.
Future Rate of Pension.
MEANS OF CLAIMANT OR PENSIONER.
RATE OF PENSION PER WEEK.
Where the yearly means of the claimant or pensioner as calculated under the Old Age Pensions Acts do not exceed £18 5 0 9s. exceed £18 5 0 but do not exceed £20 17 6 8s. ” £20 17 6 ” ” ” ” £23 10 0 7s. ” £23 10 0 ” ” ” ” £26 2 6 6s. ” £26 2 6 ” ” ” ” £28 15 0 5s. ” £28 15 0 ” ” ” ” £31 7 6 4s. ” £31 7 6 ” ” ” ” £34 0 0 3s. ” £34 0 0 ” ” ” ” £36 12 6 2s. ” £36 12 6 ” ” ” ” £39 5 0 1s. ” £39 5 0 No pension.
SECOND SCHEDULE.
Temporary Rate for Existing Pensions.
MEANS OF PENSIONER.
RATE OF PENSION PER WEEK.
Where the yearly means of the pensioner as calculated under the Old Age Pensions Acts, 1908 to 1919 do not exceed £26 5s., 9s. exceed £26 5s., but do not exceed £31 10s.
7s. ” £31 10s., ” ” ” ” £36 15s.
5s. ” £36 15s., ” ” ” ” £42 3s. ” £42 ” ” ” ” £47 5s.
1s.
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