Written answers
Wednesday, 22 April 2009
Department of Finance
Pension Provisions
10:00 pm
Denis Naughten (Roscommon-South Leitrim, Fine Gael)
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Question 181: To ask the Minister for Finance if persons who have applied for early retirement due to ill health but are not approved by 1 May 2009 will be forced to postpone 90% of their lump sum until retirement age; and if he will make a statement on the matter. [15233/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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Where persons who have applied for early retirement due to ill-health have not had their applications approved by 1 May 2009, the terms of the benefits of ill- health retirements will not be affected by the proposed Incentivised Scheme of Early Retirement.
Richard Bruton (Dublin North Central, Fine Gael)
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Question 182: To ask the Minister for Finance his views on exempting members of an association (details supplied) from the pension levy, under section 8 of the Financial Emergency Measures in the Public Interest Act 2009; and if he will make a statement on the matter. [15236/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I have no proposals to exempt members of the Association referred to by the Deputy from the pension-related deduction.
However, in the recent Supplementary Budget, I announced a change to the structure of the deduction which will exempt the first 15,000 euro of earnings. This should benefit the group of public servants in question, especially those with no other public service employment.
I also undertook, during the Dáil debate on the pension-related deduction, to have the situation of this group of public servants examined to see if there are exceptional circumstances in their case. That examination is in progress.
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