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 Brendan HowlinBrendan Howlin (Wexford, Labour) | Oireachtas source

The restoration will be €285, bringing them up to €28,785.

That is the figure of 1%, on top of which they will receive an additional €1,000, bringing them to €29,785. The value of the exemption from the PRD will be an additional €1,000, meaning that their net income at the end of implementation will be €30,785. They will actually be €785 better off than before the reduction.

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