Results 1-20 of 1,755 for pension speaker:Paschal Donohoe

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (15 May 2024)

Paschal Donohoe: For all public servants who are fully insured (Class A PRSI) and who have been appointed before 1 January 2013 (introduction of Single Scheme) pension payment comprises of three components: 1. Public Service Occupational Pension payable by the public service employer from Voted expenditure, the calculation of which takes account of Social Insurance benefits that may be payable to the...

Ceisteanna Eile - Other Questions: Public Sector Pensions (2 May 2024)

Paschal Donohoe: ...majority of public servants recruited before 6 April 1995 pay class B or class D PRSI. This cohort of staff has no entitlement to social insurance benefits such as jobseeker’s benefit, the State pension contributory, SPC, or illness benefit. Their occupational pension and lump sum forms the entirety of their pension benefit from the public service. For all new entrants to the...

Written Answers — Department of Public Expenditure and Reform: State Pensions (30 Apr 2024)

Paschal Donohoe: The Single Public Service Pension Scheme is a statutory Public Service Career-Average Defined Benefit Pension Scheme, established on 1 January 2013 under the Public Service Pensions (Single Scheme and Other Provisions) Act 2012. The Single Scheme was established to place publicly-funded retirement benefits on a more sustainable footing in the context of longer life expectancies. All new...

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (25 Apr 2024)

Paschal Donohoe: Information on the pension entitlements of any individual is of a personal nature and details of an individual’s pension entitlements are not provided. Pension entitlements for Officeholders (including the position of Taoiseach) and TDs are set out in various pieces of legislation. These entitlements depend on a range of factors including which scheme an individual is a member of....

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (23 Apr 2024)

Paschal Donohoe: I thank the Deputy for his question and for clarifying that it refers to the payment of occupational supplementary pensions specifically. The majority of public servants recruited before 6 April 1995 pay Class B or Class D PRSI. This cohort of staff has no entitlement to Social Insurance benefits such as Jobseeker’s Benefit, State Pension Contributory (SPC) and Illness Benefit. Their...

Written Answers — Department of Public Expenditure and Reform: Public Sector Staff (23 Apr 2024)

Paschal Donohoe: ..., it will assist in retaining valuable expertise. Following a comprehensive analysis undertaken by my Department to examine the issue of mandatory retirement age increases and the fast accrual pension terms which apply to uniformed public servants, a policy framework on fast accrual pensions was established. Under this framework, fast accrual pension terms will be facilitated until...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (23 Apr 2024)

Paschal Donohoe: As the Deputy may be aware, I have overall policy responsibility in relation to public service occupational pension schemes payable to retired public servants. Since 6 April 1995, all newly-appointed public servants became fully insured under the Social Insurance System (pay Class A PRSI). A public servant paying Class A PRSI will receive both an occupational pension and, it is assumed,...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (23 Apr 2024)

Paschal Donohoe: ...with colleagues in other relevant departments to progress this through all stages of the legislative process as quickly as possible. A change to the eligibility criteria for the supplementary pension is not being considered as part of the changes to the mandatory retirement age. It is worth noting however, that entitlement to supplementary pensions to persons in paid employment is...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (18 Apr 2024)

Paschal Donohoe: .... This analysis used anonymised individual data records. The extent to which an increased MRA represents a cost or a saving incorporates many factors including the individual's rank, current MRA, pension scheme membership and terms applicable (arising from their recruitment date), allowances typical to the grade and salary scale. There is no single element which determines the effect of...

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (9 Apr 2024)

Paschal Donohoe: Pension abatement may apply to a public service pension where the pensioner is re-employed in a public service body. It is provided for under Section 52 of the Public Service Pensions (Single Scheme and Other Provisions) Act 2012. The 2012 Act also defines the public service bodies to which abatement applies and also, in the Schedule of the Act, the bodies to which abatement does not apply. ...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (21 Mar 2024)

Paschal Donohoe: I and my Department are responsible for the civil service pension schemes, which cover members of established and unestablished civil service and State industrial schemes. The authorities responsible for the administration of the large number of pension schemes operating in the various sectors of the public service are, in general, the relevant employers and Ministers in those sectors. It...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (21 Mar 2024)

Paschal Donohoe: I propose to take Questions Nos. 188 and 189 together. The Department of Public Expenditure, NDP Delivery and Reform made a technical submission on the value of public service pensions to the Public Service Pay Commission in 2017. Following analysis of all submissions, the Commission set out findings in relation to the relative value of the various categories of public service pension...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (20 Mar 2024)

Paschal Donohoe: The Single Public Service Pension Scheme is a statutory Public Service Career-Average Defined Benefit Pension Scheme, established on 1 January 2013 under the Public Service Pensions (Single Scheme and Other Provisions) Act 2012. The Single Scheme was established to place publicly-funded retirement benefits on a more sustainable footing in the context of longer life expectancies. All new...

Written Answers — Department of Public Expenditure and Reform: Statutory Instruments (7 Mar 2024)

Paschal Donohoe: As Minister for Public Expenditure, NDP Delivery and Reform, I have overarching responsibility for public service pension policy, including in relation to pension increases in the public service. As the Deputy is aware, the Pensions (Increase) Act, 1964 provided for ministerial discretion on the application of pension increase policy for public servants, without a prescribed methodology for...

Written Answers — Department of Public Expenditure and Reform: Pension Provisions (6 Mar 2024)

Paschal Donohoe: As the Deputy may be aware, I have overall policy responsibility in relation to public service occupational pension schemes payable to retired public servants. For all new entrants to the public service (including members of HSE) on or after 6 April 1995 (the date of introduction of full social insurance for public servants who now pay Class A PRSI) and before 1 January 2013 (the date of...

Written Answers — Department of Public Expenditure and Reform: Departmental Staff (6 Mar 2024)

Paschal Donohoe: ...(4 staff members) Severance arrangements are in place for Ministerial personal staff 2019 Assistant Principal Officer Section 7(b) of the Superannuation and Pension Act 1963 2022 Ministerial staff (1 staff member) Severance arrangements are in place for Ministerial personal staff

Written Answers — Department of Finance: Public Sector Staff (27 Feb 2024)

Paschal Donohoe: I have been in contact with the National Shared Services Office (NSSO) regarding the Deputy’s query on pension payments. The NSSO have informed me that pension related queries can be quite complex which can often necessitate requesting and reviewing an individual’s hard copy personnel file. It may also require engaging with their current local HR unit (or previous where...

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (20 Feb 2024)

Paschal Donohoe: The Single Public Service Pension Scheme is a statutory Public Service Career-Average Defined Benefit Pension Scheme, established on 1 January 2013 under the Public Service Pensions (Single Scheme and Other Provisions) Act 2012. The Single Scheme was established to place publicly-funded retirement benefits on a more sustainable footing in the context of longer life expectancies. The Single...

Estimates for Public Services 2024 (14 Feb 2024)

Paschal Donohoe: ...grants. Vote 12 — Superannuation and Retired Allowances (Revised Estimate)That a sum not exceeding €225,387,000 be granted to defray the charge which will come in course of payment during the year ending on the 31st day of December, 2024, for pensions, superannuation, occupational injuries, and additional and other allowances and gratuities under the Superannuation Acts 1834...

Ceisteanna Eile - Other Questions: Pension Provisions (8 Feb 2024)

Paschal Donohoe: ...of this year, the Department of the Environment, Climate and Communications wrote to my Department confirming the consent of the Minister for the Environment, Climate and Communications to a pension increase of 4%. On 30 January, officials in my Department agreed to this and I wrote back to the Department of the Environment, Climate and Communications, which subsequently informed the ESB....