Written answers
Tuesday, 18 October 2011
Department of Finance
Public Service Pensions
9:00 pm
Mary Lou McDonald (Dublin Central, Sinn Fein)
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Question 92: To ask the Minister for Finance the saving to the Exchequer if all existing public service pension payments to former employees of State agencies under the aegis of his Department were capped at €35,000 per year. [29780/11]
Michael Noonan (Limerick City, Fine Gael)
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In response to the Deputy's question, based on 2011 figures there would be a saving of €638,000 per annum to the Exchequer if pension payments to former employees of the National Treasury Management Agency, National Pensions Reserve Fund, National Development Finance Agency, National Asset Management Agency and State Claims Agency were capped at €35,000 per year.
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