Dáil Éireann Debate, Tuesday - 18 October 2011
386 Deputy Mary Lou McDonald asked the Minister for Justice and Equality the saving to the Exchequer if all existing public service pension payments to former employees of State agencies under the aegis of his Department were capped at €35,000 per year. [29784/11]
View answerThe estimated savings that would be generated if pensions paid to retired members of An Garda Síochána were capped at €35,000 amounts to €7.6 million per annum. The estimated savings from other pension payments made by my Department, subject to a cap of €35,000, would be €200,000. These estimates take no account of the reduction in income tax and other statutory deductions that would arise.
