Dáil Éireann Debate, Tuesday - 21 February 2017
363. Deputy Pat Buckley asked the Minister for Public Expenditure and Reform the estimated savings that would accrue if a €100,000 cap was placed on all pensions paid out of the public purse including civil, the Judiciary, public servants and public representatives; and if he will make a statement on the matter. [8382/17]
View answerBased on the information currently available to my Department, it is estimated that a saving of the order of €5 million would arise if a cap of a €100,000 was placed on all public service pensions. I should point out that such pensions in excess of or equal to the cap are subject to continuing reductions under the terms of the Financial Emergency Measures in the Public Interest Act 2010 (as amended) through the application of the Public Service Pension Reduction (PSPR).
