Tom Fleming (Kerry South, Independent)
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57. To ask the Minister for Finance if he will reduce the figure taken by the controversial pension levy, which was imposed on pension schemes of persons who are saving for a rainy day, and was designed as a fund for job creation, which he promised would be ended by December 2014, and then again at the end of 2015; and if he will make a statement on the matter. [17989/15]

Michael Noonan (Limerick City, Fine Gael)
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The pension fund levy was introduced in 2011 to fund the Jobs Initiative, which has been very successful in both helping to create and to maintain employment in this economy. The levy applied at a rate of 0.6% for the years 2011 to 2014. An additional levy of 0.15% applied for 2014, bringing the aggregate to 0.75% in that year; the rate of 0.15% applies for this year. In accordance with the provisions in section 125B of the Stamp Duties Consolidation Act 1999, the stamp duty levy on pension fund assets will end after 2015.