Oireachtas Joint and Select Committees

Tuesday, 10 November 2015

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

Financial Emergency Measures in the Public Interest Bill 2015: Committee Stage

5:30 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

-----and in excess of €110,000 in three tranches in April 2017, April 2018 and April 2019. The higher portion of the incomes of high earners is being restored in full. That is what this legislation provides for. Contrast this with earnings below the €65,000 per annum, which are being only partially restored. In this regard, the Minister has set out the figures of €2,000 and €2,200 per annum, which I do not dispute. However, this represents only a partial restoration of cuts.

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