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Statutory Bonuses

Overview

A beneficiary who is in receipt of Social Assistance, Non-Contributory or Contributory Pension, is entitled for the payment of Statutory Bonuses.

What you’ll get

A beneficiary is entitled for:

  • A payment of €135.10 for each Bonus (6MBO) paid in May/June and November/December
  • Two-thirds of the March and September Bonus (SPBO) paid as €3.12 weekly

A beneficiary who is receiving a Contributory Pension (Retirement Pension; Two-Thirds Pension; Widow/er’s Pension; Invalidity Pension) or a Non-Contributory Pension (Age Pension) is entitled for:

  • A Cost of Living Bonus – when a Cost of Living Adjustment (COLA) is announced in the budget, (one third) of the cost of living increase is paid as a pension cost of living bonus (CLBO) and the remainder of the increase (two-thirds) is added to the pension rate

Eligibility

General eligibility criteria:

  • A beneficiary in receipt of Social Assistance, Non-Contributory or Contributory Pension
  • Not receiving part or full statutory bonuses from employment but in receipt of a benefit/pension
  • A beneficiary is not entitled to the cost of living bonus if he not in receipt of a Contributory/Non-Contributory Age Pension
  • A beneficiary is not entitled to the full cost of living bonus if he is entitled to a reduced contributory pension

How to apply

A beneficiary is automatically entitled for the payment of the statutory bonuses.  If such bonuses are not issued, call Freephone 153 or at the nearest servizz.gov centre to report the issue

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