Oireachtas Joint and Select Committees

Wednesday, 6 March 2013

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Finance Bill 2013: Committee Stage

2:25 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. One could pay between 48% and 51%. If, say, Johnny is due to retire next year, he would be pay between 48% and 51% on the amount drawn down and the Minister is facilitating him to dip into 30% of his AVC fund but only to pay 41% on the amount drawn down.

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