Dáil Éireann Debate, Wednesday - 3 October 2012
125. Deputy Aengus Ó Snodaigh asked the Minister for Social Protection if he will provide a table with a breakdown of the amount of additional money that will be raised in a year for the Social Insurance Fund if a third band of employers contribution were introduced on weekly income exceeding €1,923 per week at the rate of 11.75%, 12.75%, 13.75%, 14.75% and 15.75% including share based remuneration respectively. [42179/12]
View answer126. Deputy Aengus Ó Snodaigh asked the Minister for Social Protection if he will provide a table with a breakdown of the amount of additional money will be raised in a year for the Social Insurance Fund if a third band of employers contribution were introduced on weekly income exceeding €1,923 per week at the rate of 11.75%, 12.75%, 13.75%, 14.75% and 15.75% respectively. [42182/12]
View answerI propose to take Questions Nos. 125 and 126 together.
The introduction of a third band of employers contribution on weekly income exceeding €1,923 per week at the rate of 11.75%, 12.75%, 13.75%, 14.75% and 15.75% is estimated to yield €18.3 million, €36.6 million, €54.9 million, €73.2 million, and €91.5 million, respectively, in additional funding in a full year for the Social Insurance Fund.
