Written answers

Thursday, 24 November 2011

Department of Environment, Community and Local Government

Pension Provisions

5:00 pm

Photo of Joe CareyJoe Carey (Clare, Fine Gael)
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Question 144: To ask the Minister for the Environment, Community and Local Government if he will clarify the deductions from the pension of a public or civil servant as administered by a local authority; and if he will make a statement on the matter. [36736/11]

Photo of Phil HoganPhil Hogan (Carlow-Kilkenny, Fine Gael)
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Pensions of former employees of local authorities are subject to the Public Service Pension Reduction (PSPR). The rates and income bands for the PSPR are set out in the table. The PSPR applies to persons currently receiving public service pensions or who will start to receive them up to 29 February 2012. Persons who retire after 29 February 2012 will not be affected by this reduction as their pensions will be based on the reduced pay rates applicable in the public service since 1 January 2010.

Income BandRate
First €12,0000%
Between €12,000 and €24,0006%
Between €24,000 and €60,0009%
Above €60,00012%

In addition, pensions are subject to taxation, which is a matter for my colleague, the Minister for Finance.

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