Leo Varadkar (Dublin West, Fine Gael)
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Question 135: To ask the Minister for Finance the amount that would be saved by imposing a cap on public sector pay at €150,000 and €200,000. [9648/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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It is estimated that the imposition of a cap on all remuneration at €200,000 for those comprehended by the public service pay bill would yield savings in the region of €100m on a full year basis, while it is estimated that a cap on all remuneration at €150,000 would produce savings of the order of €200m on the an annual basis. The great bulk of these figures relate to the remuneration of hospital consultants. The final uptake of the various contract types among hospital consultants can only be estimated at this stage. The figures do not take into account the voluntary deductions made by some public servants and the pension-related deduction applying to all remuneration. Any such savings would, of course, be offset to an extent by consequential tax revenue forgone. There would also be savings on the pensions bill from the capping of remuneration as any reduction in pay would have a knock-on reduction on pensions.