Dáil Éireann Debate, Tuesday - 17 June 2014
293. Deputy Martin Heydon asked the Minister for Public Expenditure and Reform if he will provide an update on the changes to pensions of former public servants including judges, Ministers and politicians since the commencement of this Government; the related savings that have accrued; and if he will make a statement on the matter. [25696/14]
View answerThe pensions of all Public Servants, including politicians etc., have been subject to a range of measures implemented over recent years which have had significant downward effects on pensions and pension awards, as detailed in my reply to Parliamentary Question number 262 on 19 November 2013 (ref. 48835/13). In addition to the measures outlined in that reply, a further effective pension cut applies, with effect from 1 September 2013, in the case of persons who receive two or more Public Service pensions which have a combined value in excess of €32,500. This further pension cut is based on applying the "Public Service Pension Reduction" (PSPR) to the combined value of the multiple Public Service pensions held by such a person, rather than to each such pension individually. This aggregation of pensions for PSPR purposes reduces the overall Public Service pension income of affected pensioners, including significant numbers of pensioners who receive both a TD pension and a Ministerial pension.
