Olivia Mitchell (Dublin South, Fine Gael)
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Question 72: To ask the Tánaiste and Minister for Finance his plans to introduce additional relief for people on low incomes who wish to purchase back years of pension rights so as to incentivise such prudence; and if he will make a statement on the matter. [23215/07]

Brian Cowen (Laois-Offaly, Fianna Fail)
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I am informed by the Revenue Commissioners that pension schemes fall into two general categories, namely, occupational pension schemes such as a scheme provided by an employer for his/her employees, and other pension schemes, for example, for those employees who are not in an occupational pension scheme and the self employed. Under current tax law, an individual may claim tax relief on his/her contributions to a pension scheme up to the aggregate limits as set out below. Subject to a range of conditions, (which vary, for example as between occupational and other pensions schemes) and depending on timing, this relief may include additional contributions to purchase back-year pension rights.

I have no plans to introduce additional relief in this area at this time.