Written answers
Tuesday, 19 July 2016
Department of Public Expenditure and Reform
Public Sector Pensions Data
Pearse Doherty (Donegal, Sinn Fein)
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507. To ask the Minister for Public Expenditure and Reform the number of persons, in increments of €5,000, in receipt of public service pensions; and the corresponding amount of annual individual pension payments within the same category. [22094/16]
Paschal Donohoe (Dublin Central, Fine Gael)
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Based on available non-personal data (2013) sets, making reasonable projections as to retirement and mortality rates, and incorporating the Public Service Pension Reduction amelioration provided by the Financial Emergency Measures in the Public Interest 2015 Act in the cost, the estimated number of public service pensions in payment and cost per incremental bands of €5,000 is detailed in the Table below. Current data sets are being updated in line with EU requirements to provide an estimate of the accrued public service pension liability at 31 December 2015.
| Pension Band | Estimated Number of Pensions in Payment | 2016 Estimated Pension Cost |
|---|---|---|
| < €10,000 | 54,600 | €230,000,000 |
| < €15000 | 14,900 | €210,000,000 |
| < €20,000 | 15,700 | €300,000,000 |
| < €25000 | 13,000 | €315,000,000 |
| < €30000 | 13,100 | €385,000,000 |
| < €35000 | 17,400 | €585,000,000 |
| < €40,000 | 12,600 | €480,000,000 |
| < €45000 | 5,600 | €240,000,000 |
| < €50,000 | 3,000 | €80,000,000 |
| < €55000 | 1,700 | €90,000,000 |
| < €60,000 | 1,000 | €55,000,000 |
| < €65000 | 400 | €25,000,000 |
| < €70,000 | 300 | €20,000,000 |
| < €75,000 | 500 | €35,000,000 |
| < €80,000 | 200 | €15,000,000 |
| < €85000 | 100 | €10,000,000 |
| < €90,000 | 100 | €10,000,000 |
| < €95000 | 100 | €10,000,000 |
| < €100,000 | 100 | €10,000,000 |
| > €100,000 | 500 | €50,000,000 |
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