Jim Daly
Ceist:209. Deputy Jim Daly asked the Minister for Finance his views on correspondence (details supplied) regarding altering the conditions of private pensions; and if he will make a statement on the matter. [3617/15]
Amharc ar fhreagraTuesday, 27 January 2015
Ceisteanna (209)
Freagraí scríofa
In the details supplied with the Deputy's question, I assume that the issues raised regarding private sector funded pensions are to do with the pension fund levy. I announced in my Budget 2014 speech that the 0.6% Pension Fund Levy introduced to fund the Jobs Initiative in 2011 would be abolished from the 31st of December 2014. I did, however, introduce an additional levy on pension funds at 0.15% for 2014 and 2015. I did this to, among other things, continue to help fund the Jobs Initiative. I confirmed in my Budget 2015 speech that the additional 0.15% levy will expire at the end of 2015.
The issues raised in the details supplied regarding public service pensions are matters for my colleague the Minister for Public Expenditure and Reform, Mr Brendan Howlin TD.