The extension of the Invalidity Pension to the self-employed will provide great support for small business owners in Kerry.
That’s according to the Minister of State for Tourism and Sport, Brendan Griffin, who believes the extension of the Invalidity Pension to the self-employed will also help to create jobs in the county.
The Minister for Employment Affairs and Social Protection, Regina Doherty, announced the government is extending the Invalidity Pension scheme to self-employed workers for the first time.
The Invalidity Pension is a pension payment for people who cannot work because of a long-term illness or disability.
It will apply to the self-employed, including farmers, tradespeople, freelancers, contractors and professionals.
Minister Griffin says the Invalidity Pension will be based solely on an individual’s PRSI contributions, and is not means assessed.
Furthermore, any savings or assets will not affect payment.