Dáil Éireann Debate, Tuesday - 18 December 2012
289. Deputy Mary Lou McDonald asked the Minister for Public Expenditure and Reform if he will provide in tabular form the saving to the Exchequer if Senators annual basic salary was capped at €60,000, TDs at €75,000, and all Government salaries at €100,000. [56951/12]
View answerThe estimated saving to the Exchequer should a cap of €60,000 be applied to the basic pay of all Senators, a cap of €75,000 applied to all TDs and a cap of €100,000 be applied to the salaries of Government members, and Ministers of State, is set out in the table.
|
Application of pay cap |
Estimated savings |
|
|
1. |
Application of pay cap of €75,000 to TDs (other than those at point 3 below) |
€2,403,392 |
|
2. |
Application of pay cap of €60,000 to Senators |
€337,260 |
|
3. |
Application of pay cap of €100,000 to the salaries of Government members and Ministers of State |
€1,570,020 |
|
Total estimated savings |
€4,310,672 |
These estimates do not take account of any offsetting reductions in taxes and levies, which would significantly reduce the effective saving to the Exchequer. I have no proposals to cap pay at the amounts suggested.
