David Cullinane (Waterford, Sinn Fein)
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583. To ask the Minister for Public Expenditure and Reform the estimated full-year savings for 2017 by reducing public sector pay over €100,000 by 15% and over €150,000 by 30%. [13655/16]

Paschal Donohoe (Dublin Central, Fine Gael)
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Based on the information currently available to my Department, the estimated full year gross saving in the Exchequer and Local Government pay bill arising from a reduction in public service salaries for amounts in excess of €100,000 of 15% and amounts in excess of €150,000 of 30% is some €47m. This does not take account of any offsetting reductions in taxes and levies. As the combined effect of the estimated marginal tax rate and the pension related reduction at a pay level for a public servant of €100,000 p.a. or higher is at least 62.5%, the estimated net savings would be reduced to less than €17.6m.