Written answers

Tuesday, 4 October 2011

Department of Environment, Community and Local Government

Pension Provisions

8:00 pm

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)
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Question 424: To ask the Minister for the Environment, Community and Local Government the amount of revenue that could be raised in a 12 month period by applying a 0% rate of tax on the first €75,000 lump sum pension payment paid out to public and civil servants in his Department on retirement; then applying the lower rate of tax on the next €125,000 of the same payment; and applying the higher rate of tax on the remainder. [27060/11]

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)
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Question 426: To ask the Minister for the Environment, Community and Local Government the amount of revenue that could have been raised between June 2010 and June 2011 if a 0% rate of tax on the first €75,000 lump sum pension payment on retirement of all public and civil servants in his Department during the same period; applying the lower rate of tax on the next €125,000 of the same payment; and applying the higher rate of tax on the remainder. [27092/11]

Photo of Phil HoganPhil Hogan (Carlow-Kilkenny, Fine Gael)
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I propose to take Questions Nos. 424 and 426 together.

The number and amount of retirement lump sums paid in a twelve month period varies depending on the number of individuals retiring and each person's individual circumstances. In the period June 2010 to June 2011 a total of 42 retirement lump sum payments with a total value of €3,498,302 were made to staff retiring from my Department. The estimated yield from applying rates of taxation of 20% and 41% to these lump sums, as set out in the question, would be approximately €230,000.

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein)
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Question 425: To ask the Minister for the Environment, Community and Local Government the number of retired public and civil servants from his Department that are currently in receipt of an annual pension of up to and including €30,000 per year; up to and including €50,000 per year; up to and including €70,000 per year; up to and including €90,000 per year; up to and including €100,000 per year; up to and including €120,000 per year, up to and including €140,000 per year; up to and including €160,000 per year; and the number in receipt of pensions in excess of €160,000 per year, in a tabular form. [27076/11]

Photo of Phil HoganPhil Hogan (Carlow-Kilkenny, Fine Gael)
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I understand that my colleague the Minister for Public Expenditure and Reform is responding in respect of numbers of retired civil servants in the ranges of pension, as sought in the Question.

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