Dáil debates
Wednesday, 25 March 2015
Other Questions
Public Sector Pensions Data
10:10 am
Brendan Howlin (Wexford, Labour) | Oireachtas source
I am glad to hear the Deputy make that point because there is something lost in translation in the commentariat that does not understand the contribution public servants are making to their own pensions. That is not confined to people outside the House. There are individuals inside this House who also make assertions which are not based on reality. Current Exchequer annual pension contributions by public servants amount to approximately €500 million per annum. This figure does not include non-Exchequer pension contributions made, for example, in the local authority sector. It is a very significant contribution to the pension pot and Deputies are aware that pensions are paid from current income. The pension-related deduction, PRD, is part of the FEMPI legislation architecture and will have to form part of the discussions.
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