Written answers
Tuesday, 30 March 2004
Department of Agriculture and Food
Farm Retirement Scheme
9:00 pm
Martin Ferris (Kerry North, Sinn Fein)
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Question 221: To ask the Minister for Agriculture and Food the amount of money offset each year for the old age pension from the early retirement scheme. [9659/04]
Joe Walsh (Cork South West, Fianna Fail)
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It is a requirement of the EU regulations governing the schemes of early retirement from farming that any national retirement pension to which a scheme participant â and his or her spouse or partner in a joint management situation â becomes entitled must be deducted from the early retirement pension. The value of national retirement pensions offset against the early retirement pension since 1998, the earliest date for which records are readily available, is as follows: 1998, â¬7.8 million â estimate; 1999, â¬9.6 million; 2000, â¬13.3 million; 2001, â¬16.4 million; 2002, â¬17.9 million; and 2003, â¬16.7 million.
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