Written answers
Tuesday, 23 July 2024
Department of Public Expenditure and Reform
Pension Provisions
Pearse Doherty (Donegal, Sinn Fein)
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461.To ask the Minister for Public Expenditure and Reform the money allocated to the State’s contribution to auto-enrolment within the base under the stability programme update and summer economic statement; and if it is provided with the expenditure ceiling or budgetary decisions line of the summer economic statement, for the years 2025, 2026, 2027, 2028 and 2029 respectively. [33488/24]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Summer Economic Statement (SES) was published in July, following on from the Stability Programme Update earlier this year. It set out the parameters for Budget 2025 and expenditure ceilings out to 2030 which are framed with the need to continue to improve public services and capital infrastructure to support a growing population, and to ensure an expenditure strategy that will help sustain growth in our economy.
The expenditure strategy implemented by Government in recent years has focused on responding to economic and social developments while remaining fiscally sustainable over the short- and medium-term. The expenditure ceilings set out in the SES reflect the continuation of this strategy out to 2030 and are include provision for existing levels of service (ELS) requirements, capital allocations under the NDP and for new measures in each Budget.
No explicit provision was made for the Government top-up element of the Auto-Enrolment (AE) scheme within the Stability Programme Update and Summer Economic Statement. These costs will be considered as part of the annual estimates process once the final costs and other implementation details have been approved by Government. Some provision has been made in the Department of Social Protection’s administrative budget for certain AE project-related costs, such as project staffing and IT costs.
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