Written answers

Tuesday, 19 May 2015

Department of Public Expenditure and Reform

Pensions Levy

Photo of Peadar TóibínPeadar Tóibín (Meath West, Sinn Fein)
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158. To ask the Minister for Public Expenditure and Reform if he will provide, in tabular form, the annual cost to the Exchequer if the first €17,500, €20,000, €22,500, €25,000 and €27,000 of income, respectively, were exempted from the pension related deduction. [19549/15]

Photo of Brendan HowlinBrendan Howlin (Wexford, Labour)
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Based on estimates of current PRD yield the data sought by the Deputy is set out in the following table.

Increase in PRD ThresholdEstimated Cost
€17,500€20m
€20,000€40m
€22,500€118m
€25,000€196m
€27,000€257m

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