Leo Varadkar (Dublin West, Fine Gael) | Oireachtas source

Unlike Members of the Oireachtas and the Judiciary, local authority members do not have occupational pension cover. For that reason, they are being brought into social insurance cover, particularly for pensions. This amendment will provide for the abolition of class K for all officeholders with the exception of members of the European Parliament. If adopted, it would mean that officeholders such as Deputies and Senators would no longer pay PRSI at the 4% contribution rate. In other words, Deputies and Senators would have a 4% net rise in their take home pay.