Departmental Expenditure

Dáil Éireann Debate, Thursday - 23 February 2012

Thursday, 23 February 2012

Ceisteanna (229)

Sean Fleming

Ceist:

229 Deputy Sean Fleming asked the Minister for Transport, Tourism and Sport the cost of lump sums, severance payments and pensions of those leaving the public service through retirement or other grounds; the loss of pension levy and superannuation from employees leaving the public service; the numbers of persons who were paid under Vote 12 superannuation and retired allowances in 2011 and his estimate of same for 2012; if he will provide this information in respect of his Department; and if he will make a statement on the matter. [10430/12]

Freagraí scríofa

Minister for Transport, Tourism and Sport (Deputy Leo Varadkar)

As previously advised on 14th February 2012 the cost of lump sums, pensions and severance payments for 2011 and anticipated to end February 2012 is set out in Table 1. The severance payments in 2011 were as a result of cessation of employment due to the change in Government.

Twenty one staff retired in 2011 and it is anticipated that twenty four staff will retire by 29th February 2012. The associated pension levy and superannuation for these staff in each year payable from Vote 7, the superannuation Vote for my Department, is set out in Table 2.

Table 1

Year	Lump sum cost	Gross annual Pension cost	Cost of Severance Payment
2011	€1,550,960	€494,500	€33,543
1/1/12-29/2/12 (anticipated)	€1,688,020	€530,472	nil

Table 2

Year	Pension Levy	Superannuation
2011	€65,000	€9,400
1/1/12-29/2/12 (anticipated)	€93,000	€17,000