Tuesday, 14 February 2012
Department of Health
Question 624: To ask the Minister for Children and Youth Affairs if she will outline on a yearly basis from 2008 to 2015 in respect of staff leaving the public service in her Department; the cost of lump sums; the cost of severance payments; the cost of pensions of those leaving the service through retirement or other means; the loss of the pension levy from employees who have left; the loss of superannuation payments from retired or departed employees, in tabular form; and if she will make a statement on the matter. [8431/12]
Since the establishment of my Department in June 2011, one member of staff has retired with an associated lump sum and pension cost of €95,504 and €29,820 respectively. It is not possible to identify the number of staff retiring and associated costs between now and 2015 for a number of reasons: (a) the decision to retire is a personal matter for individual staff to make and (b) different retirement conditions apply depending which scheme they are a member of. For example, some staff can retire at any time between the ages of 60 and 65 years while other staff must continue to work until at least aged 65 years. Another complicating factor is that retirement benefits are based on final salary and final pensionable service, all of which may be subject to change between now and 2015. All members of the various schemes may also opt for actuarially reduced retirement benefits once they have reached the age of 50.
As a result, it is not possible to supply figures on loss of revenue from pension related deductions and superannuation contributions for those retiring before 2015. However, an indicative figure for a civil servant at my Department currently earning €54,000 per annum and recruited after April 1995 would suggest a pension related deduction of €3,500 (gross) per annum and superannuation contributions of €3,091 (including contributions to the Spouses’ and Children’s Pension Scheme).