Dáil Éireann Debate, Tuesday - 6 October 2009
274 Deputy Pat Breen asked the Minister for Finance further to Question No. 94 of 9 June 2009, if he will clarify if payments made prior to the change in the 7 April 2009 supplementary budget regarding the pension levy, the term exempt means that contributions made under the €15,000 threshold are eligible for refund; and if he will make a statement on the matter. [33470/09]
View answerI introduced the changes in the pension related deduction announced in the Supplementary Budget of 7 April 2009 to ameliorate the impact of the deduction on lower paid public servants. These changes, including the introduction of the €15,000 threshold, took effect from 1 May 2009 and were not backdated. Therefore, no exemption threshold would apply during the period from 1 March 2009, when the deduction first took effect, to 30 April 2009 and no refund would arise in respect of that period as a result of the changes in rates and bands.
