Wednesday, 4 July 2012

Questions (42)

Martin Ferris


41 Deputy Martin Ferris asked the Minister for Public Expenditure and Reform the annual saving to the public sector pension bill if all public sector pension payments were capped at €60,000. [32373/12]

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Written answers (Question to Minister for Expenditure)

It is estimated that the imposition of a cap of €60,000 on pensions in the civil service, based on May 2012 data, would have resulted in an estimated annual saving of €8m. This takes no account of the tax and other statutory deductions foregone. Comparable data are not available for the public service as a whole.