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Public Sector Pensions Levy

Dáil Éireann Debate, Tuesday - 26 April 2016

Tuesday, 26 April 2016

Questions (111)

James Lawless

Question:

111. Deputy James Lawless asked the Minister for Public Expenditure and Reform if he will review the pension related deductibles for public servants and if he will phase out this measure; and if he will make a statement on the matter. [8072/16]

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Written answers

A review of the public service Pension-related Deduction (PRD) was conducted last year and its application was ameliorated to reflect the improved fiscal environment. Specifically, the Financial Emergency Measures in the Public Interest (FEMPI) Act 2015 increases the threshold before PRD applies on a phased basis from €15,000 as applied up to 2015 to €28,750 with effect from 1 January 2017. This PRD relief, which also formed part of the Lansdowne Road Agreement, will remove the burden of PRD from those public servants with relatively lower pay, while those not fully removed from the imposition of PRD will receive an effective pay boost of €1,000 per year. The FEMPI 2015 Act also provides public servants with significant additional amelioration of FEMPI-imposed cuts by way of restoration or part-restoration of direct pay reductions.

The Minister for Public Expenditure and Reform is required by statute to carry out a review of the FEMPI Acts annually and the next review is required before 30 June 2016.

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