Written answers
Wednesday, 4 July 2012
Department of Public Expenditure and Reform
Public Sector Pensions
9:00 pm
Martin Ferris (Kerry North-West Limerick, Sinn Fein)
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Question 41: To ask the Minister for Public Expenditure and Reform the annual saving to the public sector pension bill if all public sector pension payments were capped at €60,000. [32373/12]
Brendan Howlin (Wexford, Labour)
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It is estimated that the imposition of a cap of €60,000 on pensions in the civil service, based on May 2012 data, would have resulted in an estimated annual saving of €8m. This takes no account of the tax and other statutory deductions foregone. Comparable data are not available for the public service as a whole.
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