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
Brendan Howlin (Wexford, Labour) | Oireachtas source
It depends. I can give the details to Deputy Fleming. Different retirement dates have different impacts. Let us suppose a person retired before 1 March 2012. If that person had been on €35,000, the amount in question is €600; for a person on €40,000, the amount is €1,200; for a person on €50,000, the rate is €2,400 and the figures rise up to a person on €100,000, for whom the amount is €10,400. The figures range from €35,000, or 1.7%, to €100,000, which is 10.5%.
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