Seanad debates
Friday, 18 December 2009
Financial Emergency Measures in the Public Interest (No. 2) Bill 2009: Committee Stage
1:00 pm
Martin Mansergh (Tipperary South, Fianna Fail)
The term used in table 1 is "remuneration". Remuneration is defined in the Bill as taxable income and the remuneration of officeholders is all taxable. I will provide a concrete example using my own salary as Minister of State. The cut in my salary as a Deputy of 8% will reduce it to €92,672. The allowance for being a Minister of State will be cut by 14.5% to €46,594. The total remuneration will be cut by 10%.
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