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Pension Provisions.

Dáil Éireann Debate, Wednesday - 22 April 2009

Wednesday, 22 April 2009

Ceisteanna (129, 130)

Denis Naughten

Ceist:

181 Deputy Denis Naughten asked the Minister for Finance if persons who have applied for early retirement due to ill health but are not approved by 1 May 2009 will be forced to postpone 90% of their lump sum until retirement age; and if he will make a statement on the matter. [15233/09]

Amharc ar fhreagra

Freagraí scríofa

Where persons who have applied for early retirement due to ill-health have not had their applications approved by 1 May 2009, the terms of the benefits of ill- health retirements will not be affected by the proposed Incentivised Scheme of Early Retirement.

Richard Bruton

Ceist:

182 Deputy Richard Bruton asked the Minister for Finance his views on exempting members of an association (details supplied) from the pension levy, under section 8 of the Financial Emergency Measures in the Public Interest Act 2009; and if he will make a statement on the matter. [15236/09]

Amharc ar fhreagra

I have no proposals to exempt members of the Association referred to by the Deputy from the pension-related deduction.

However, in the recent Supplementary Budget, I announced a change to the structure of the deduction which will exempt the first 15,000 euro of earnings. This should benefit the group of public servants in question, especially those with no other public service employment.

I also undertook, during the Dáil debate on the pension-related deduction, to have the situation of this group of public servants examined to see if there are exceptional circumstances in their case. That examination is in progress.

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