Written answers
Wednesday, 11 January 2012
Department of Public Expenditure and Reform
Pension Provisions
8:00 pm
Gerald Nash (Louth, Labour)
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Question 275: To ask the Minister for Public Expenditure and Reform the total amount of pension lump sums paid to retiring public servants and included in the public pay and pensions bill in the years 2006, 2007, 2008, 2009 and 2010. [40823/11]
Gerald Nash (Louth, Labour)
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Question 276: To ask the Minister for Public Expenditure and Reform the estimated total amount of pension lump sums paid or payable to retiring public servants and included in the public pay and pensions bill in the year 2011. [40824/11]
Gerald Nash (Louth, Labour)
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Question 277: To ask the Minister for Public Expenditure and Reform the estimated total amount of pension lump sums payable to retiring public servants and included in the public pay and pensions bill in the year 2012. [40825/11]
Brendan Howlin (Wexford, Labour)
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I propose to take Questions Nos. 275 to 277, inclusive, together.
The provisional outturn data for lump sumps for 2011 is €600 million and the initial estimate of cost for 2012 is just over €600 million. Lump sum payments account for approximately 20% of the total pensions bill for these years. Data for earlier years is not available centrally. The cost of lump sums and the figures for Civil Service pensioners for the period 2006-2012 are in the table.
Year(Outturn) | Lump Sums Total from Superannuation and Retired Allowances Vote€m |
2006 | €46.662m |
2007 | €56.693m |
2008 | €52.565m |
2009 | €104.711m |
2010 | €92.029m |
2011 (Provisional Outturn) | €84.435m |
2012 (Preliminary Estimate) | €115.850m |
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