Written answers
Thursday, 19 July 2012
Department of Public Expenditure and Reform
Public Sector Pensions
5:00 pm
Mary Lou McDonald (Dublin Central, Sinn Fein)
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Question 250: To ask the Minister for Public Expenditure and Reform the annual saving to the Exchequer if all current and future public sector pension in payment were capped at €48,000 based on current public sector numbers. [36577/12]
Brendan Howlin (Wexford, Labour)
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It is estimated that the imposition of a cap of €48,000 on pensions in the civil service, would result in an estimated annual saving of €17m. 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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