Michael Healy-Rae (Kerry South, Independent)
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65. To ask the Minister for Finance if he will abolish the levy on private pensions during 2015; and if he will make a statement on the matter. [27692/14]

Michael Noonan (Limerick City, Fine Gael)
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I announced in my Budget 2014 speech that the 0.6% Pension Fund Levy introduced to fund the Jobs Initiative in 2011 will be abolished from 31 December 2014. I have, however, introduced an additional levy on pension funds at 0.15% for 2014 and 2015. I am doing this to, among other things, continue to help fund the Jobs Initiative. Finance (No. 2) Act 2013 provides for the application of the levy up to 2015 and not beyond. I have no plans to make any further changes in this regard.