Dáil Éireann Debate, Tuesday - 19 May 2015
158. Deputy Peadar Tóibín asked the Minister for Public Expenditure and Reform if he will provide, in tabular form, the annual cost to the Exchequer if the first €17,500, €20,000, €22,500, €25,000 and €27,000 of income, respectively, were exempted from the pension related deduction. [19549/15]
View answerBased on estimates of current PRD yield the data sought by the Deputy is set out in the following table.
|
Increase in PRD Threshold |
Estimated Cost |
|
€17,500 |
€20m |
|
€20,000 |
€40m |
|
€22,500 |
€118m |
|
€25,000 |
€196m |
|
€27,000 |
€257m |
