Darragh O'Brien (Dublin Fingal, Fianna Fail) | Oireachtas source

-----which would reduce the pension tax relief that they receive.

Regarding the Government's decision, the Minister for Finance considered the independent de Buitléir report carefully, taking into account its recommendations. If the Deputy has seen the report, then he will know that we have not accepted all of its recommendations. The Government has agreed to implement a staggered approach to changes in the standard fund threshold, with some changes to be legislated for this year, but no changes will take effect until 2026. This is a phased change to the standard fund threshold, providing a phased increase from 2026 to 2029 of €200,000 per year. The Deputy will remember that the standard fund threshold used to be €5 million and was reduced.

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