€420 ‘baby boost’ for parents of newborns and €15 weekly increase in maternity, paternity benefits in Budget 2025

The Green Party initially pushed for a €560 payment but settled on €420 in budget negotiations, which will be implemented from January 1 on a permanent basis. This payment, combined with other Budget measures such as increases in maternity and paternity benefit, as well as father’s parent’s benefit, will result in parents of newborn children receiving up to €835 in the first six months of the baby’s life. The Green Party emphasized the importance of supporting parents and ensuring they have the resources they need.

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