Written answers
Thursday, 27 May 2010
Department of Finance
Pension Provisions
5:00 pm
Róisín Shortall (Dublin North West, Labour)
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Question 70: To ask the Minister for Finance the value of pension pot size at each quartile for those reaching retirement in each of the past ten years based on figures available to the Revenue Commissioners on the value of lump sums taken or based on any other data available to him, the Revenue Commissioners or the Pensions Board. [22486/10]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The Deputy is seeking data on pension fund values over a 10 year period. In reply I would say that pension fund values cannot be derived from data on retirement lump sum information available to the Revenue Commissioners as data on lump sum payments made by pension fund administrators are not required to be returned to the Revenue Commissioners. Consequently, there is no data available to me from the Revenue Commissioners or the Pensions Board which would enable me to provide the information requested by the Deputy.
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