Brendan Howlin (Wexford, Labour)

The gross annual salaries applicable to Deputies and Senators were reduced, as were salary rates for public servants, under the Financial Emergency Measures in the Public Interest (No. 2) Act 2009. The gross annual salaries for a Deputy and a Senator amount to €92,672 and €65,621, respectively. When account is taken of the application of the pension related deduction, PRD, the net rates applied are €84,991 for Deputies and €60,781 for Senators. These amounts are subject to the normal taxes and social insurance deductions.

To impose a cap at the limits proposed by Deputy Stanley, a Deputy's salary would be reduced by €17,682 to a gross annual salary of €75,000, or €69,175 net of the PRD, and a Senator's salary would be reduced by €5,621 to €60,000, or €55,750 net of PRD. It could potentially yield an annual gross saving of €3.2 million, although this figure ignores any individual arrangement whereby salary or portion thereof may be waived.

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