Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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106. To ask the Minister for Finance the projected yield in 2017 of a reduction in the standard pension fund threshold from €2 million to €625,000. [28037/16]

Michael Noonan (Limerick City, Fine Gael)
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The Standard Fund Threshold is the maximum allowable pension fund on retirement for tax purposes which was introduced in Budget and Finance Act 2006 to prevent over-funding of pensions through tax-relieved arrangements. 

Information on the numbers and values of individual pension funds or on individual accrued benefits in pension schemes are not generally required to be supplied to the Revenue Commissioners.  Therefore there is no readily available underlying data or methodology on which to base reliable estimates of any possible yield which might be realised from the reduction in the Standard Fund Threshold outlined.