Dáil Éireann Debate, Thursday - 14 December 2017
30. Deputy Joan Burton asked the Minister for Public Expenditure and Reform the pension and public pay restoration to be carried out under FEMPI by Department and public body; and if he will make a statement on the matter. [53430/17]
View answerPublic pay and pension restoration by Departments and public bodies has been and will be carried out in accordance with the provisions of the Lansdowne Road Agreement (LRA):
www.per.gov.ie/wp-content/uploads/Public-Service-Stability-Agreement-2013-2018.pdf.
and the Public Service Stability Agreement (PSSA):
www.per.gov.ie/wp-content/uploads/LRA-extension.pdf.
Pay increases under the LRA were as follows:
2016
- 1st January annualised salaries up to €24,000 are increased by 2.5%.
- 1st January annualised salaries from €24,001 up to €31,000 are increased by 1%.
2017
- 1st September annualised salaries up to €65,000 are increased by €1,000.
Pay increases under PSSA are scheduled as follows:
2018
- 1st January annualised salaries to increase by 1%;
- 1st October annualised salaries to increase by 1%.
2019
- 1st January annualised salaries up to €30,000 to increase by 1%;
- 1st September annualised salaries to increase by 1.75%.
2020
- 1st January annualised salaries up to €32,000 to increase by 0.5%;
- 1st October annualised salaries to increase by 2%.
Pension Related Deduction changes under the LRA were as follows
- 1 January 2016 exemption threshold for payment of Pension Related Deduction (PRD) increased from €15,000 per annum to €24,750 per annum
- 1 September 2016 the exemption threshold increased further to €28,750.
Conversion of the Pension Related Deductions to the Additional Supperanuation Contribution under the PSSA are as follows
Public Servants who are Members of pre-2013 Pension Schemes with Standard Accrual Terms 1 January 2019
|
Band |
Rate |
|
Up to €32,000 |
Exempt |
|
€32,000 to €60,000 |
10% |
|
€60,000 plus |
10.5% |
1 January 2020
|
Band |
Rate |
|
Up to €34,500 |
Exempt |
|
€34,500 to €60,000 |
10% |
|
€60,000 plus |
10.5% |
All Public Servants who are Members of the Single Public Service Pension Scheme 1 January 2019
|
Band |
Rate |
|
Up to €32,000 |
Exempt |
|
€32,000 to €60,000 |
6.66% |
|
€60,000 plus |
7% |
1 January 2020
|
Band |
Rate |
|
Up to €34,500 |
Exempt |
|
€34,500 to €60,000 |
3.33% |
|
€60,000 plus |
3.5% |
Public Servants who are Members of pre-2013 Pension Schemes with Fast Accrual Terms (Unchanged)
|
Band |
Rate |
|
Up to €28,750 |
Exempt |
|
€28,750 to €60,000 |
10% |
|
€60,000 plus |
10.5% |
