Pearse Doherty (Donegal, Sinn Fein)
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217. To ask the Minister for Social Protection the estimated revenue that would be raised by introducing a new employers’ rate of pay-related social insurance of 15.75% on the portion of salary paid in excess of €100,000 per annum. [14867/17]

Leo Varadkar (Dublin West, Fine Gael)
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Currently class A employers pay PRSI at the rate of 8.5% where weekly earnings are between €38 and €376. Once weekly earnings exceed €376, the rate of employer PRSI is 10.75%.

The annual increase in the PRSI yield to the Social Insurance Fund from increasing the class A employer PRSI rate from 10.75% to 15.75% on the portion of salary is dependent on the number of people at any time earning in excess of €1,932 per week (€100,000 p.a.) and the amount of that excess. This is a complicated query.

I have asked my officials to generate an estimate and provide the data requested directly to the Deputy within the next week.