Oireachtas Pensions

Dáil Éireann Debate, Tuesday - 26 June 2012

Tuesday, 26 June 2012

Questions (167)

Jim Daly

Question:

238 Deputy Jim Daly asked the Minister for Public Expenditure and Reform the savings that would be achieved by the Exchequer if all pensions paid to retired Oireachtas Members were capped at €50,000 per annum; and if he will make a statement on the matter. [30674/12]

Written answers

Minister for Public Expenditure and Reform (Deputy Brendan Howlin)

The annual saving that would be achieved from capping pensions of former members of the Oireachtas (including former Ministers and office holders) at €50,000 is approximately €1.045 million per annum.