Written answers

Tuesday, 24 November 2009

Department of Finance

Pension Provisions

9:00 pm

Photo of Ruairi QuinnRuairi Quinn (Dublin South East, Labour)
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Question 183: To ask the Minister for Finance if, with regard to the public service pension levy, a pensioner in receipt of a public service pension but who works to supplement their income must make contributions to the pension levy out of this extra income; and if he will make a statement on the matter. [43075/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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A person in receipt of a public service pension who takes up employment outside of the public service has no liability to the public service pension-related deduction in respect of his or her earnings from that employment. If that person's employment is in the public service then he or she is subject to the public service pension-related deduction in respect of the earnings from that employment. This liability arises under section 2(1)(b) of the Financial Emergency Measures in the Public Interest Act 2009. I should add that there is an effective exemption of the first €15,000 of qualifying earnings from the public service pension-related deduction, insofar as the rate of contribution on earnings up to that amount in a full year is zero per cent.

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