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