Róisín Shortall (Dublin North West, Independent)
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49. To ask the Minister for Finance the current policy on ending the pension levy on private pensions in view of previous commitments that the levy would last only a limited number of years and in view of the impact the levy is having on pensioners with low incomes; and if he will make a statement on the matter. [38755/14]

Michael Noonan (Limerick City, Fine Gael)
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The position in this matter is that I announced in my Budget 2014 speech that the 0.6% Pension Fund Levy introduced to fund the Jobs Initiative in 2011 would be abolished after this year. I did, however, introduce an additional levy on pension fund assets at a rate of 0.15% for 2014 and 2015. I did this to continue to help fund the Jobs Initiative and also to help make provision for potential State liabilities which may emerge from difficulties facing pension funds.

It is not my practice to comment on what measures may or may not be introduced in advance of the Budget.