The table sets out the details of lump sums paid on retirement by my Department in 2013, 2014 and 2015.
Range of Lump Sum amounts
|
Number in 2013
|
Number in 2014
|
Number in 2015
|
0-5000
|
|
|
1
|
5001-10000
|
2
|
|
2
|
10001-15000
|
|
1
|
2
|
15001-20000
|
2
|
2
|
1
|
20001-25000
|
|
|
2
|
25001-30000
|
|
|
1
|
30001-35000
|
3
|
|
|
35001-40000
|
|
1
|
|
40001-45000
|
1
|
1
|
1
|
45001-50000
|
1
|
|
|
50001-55000
|
|
3
|
1
|
55001-60000
|
|
1
|
1
|
60001-65000
|
2
|
|
|
65001-70000
|
|
1
|
|
70001-75000
|
|
3
|
|
80001-85000
|
|
2
|
|
85001-90000
|
2
|
|
|
90001-95000
|
|
1
|
|
95001-100000
|
|
2
|
2
|
100001-105000
|
1
|
2
|
|
105001-110000
|
|
2
|
|
110001-115000
|
1
|
|
2
|
115001-120000
|
1
|
5
|
|
120001-125000
|
2
|
2
|
|
125001-130000
|
|
3
|
2
|
130001-135000
|
|
1
|
2
|
135001-140000
|
|
|
1
|
140001-145000
|
|
1
|
1
|
145001-150000
|
|
2
|
|
150001-155000
|
1
|
|
|
155001-160000
|
|
|
2
|
165001-170000
|
|
|
|
170001-175000
|
|
1
|
|
195001-200000
|
|
1
|
|
200001-205000
|
|
|
1
|
425001-430000*
|
|
1
|
|
Total value of lump sums (€)
|
1,272,393
|
4,070,758
|
2,033,290
|
*Under the Standard Fund Threshold taxation requirements, applying to certain severance/ pension arrangements, tax of €179,185 was paid from this payment.