Paddy Burke (Fine Gael) | Oireachtas source

I would like to ask the Minister of State about section 33. On the bottom of page 23 of the Bill it says:

In the case of the year 2020, the contribution shall be payable—(a) by a relevant person who is a member of a standard accrual pension scheme as follows:

(i) where the pensionable pay of the person in that year is less than or equal to

€60,000.

If pensionable earnings are less than €60,000, a person will be charged a rate of 10% on the amount that exceeds €34,500. Is that the case? That person pays 10% of any earnings above €34,500. Is that on top of other contributions? Is that the contribution to the pension?