Pat Buckley (Cork East, Sinn Fein)
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362. To ask the Minister for Public Expenditure and Reform the estimated savings that would accrue if a €100,000 salary cap was placed on all civil servants including the Judiciary, public servants and public representatives; and if he will make a statement on the matter. [8381/17]

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 €100,000 salary cap is approximately €267m.

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 some €100m

Pat Buckley (Cork East, Sinn Fein)
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363. To ask the Minister for Public Expenditure and Reform the estimated savings that would accrue if a €100,000 cap was placed on all pensions paid out of the public purse including civil, the Judiciary, public servants and public representatives; and if he will make a statement on the matter. [8382/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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Based on the information currently available to my Department, it is estimated that a saving of the order of €5 million would arise if a cap of a €100,000 was placed on all public service pensions. I should point out that such pensions in excess of or equal to the cap are subject to continuing reductions under the terms of the Financial Emergency Measures in the Public Interest Act 2010 (as amended) through the application of the Public Service Pension Reduction (PSPR).