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Pension Provisions

Dáil Éireann Debate, Tuesday - 17 November 2015

Tuesday, 17 November 2015

Questions (246)

Sean Fleming

Question:

246. Deputy Sean Fleming asked the Minister for Public Expenditure and Reform the number of pensioners who are in receipt of pensions of €34,142 to €40,000, €40,000 plus to €50,000, €50,000 plus to €60,000, €60,000 plus to €70,000, €70,000 plus to €80,000, €80,000 plus to €90,000, €90,000 plus to €100,000, €100,000 plus to €110,000, €110,000 plus to €120,000, €120,000 plus to €130,000, €130,000 plus to €140,000, €140,000 plus to €150,000 and €150,000 plus; the costs in respect of each of the ranges; and if he will make a statement on the matter [40628/15]

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Written answers

Based on the available data sets, and making reasonable assumptions regarding retirements and mortality rates, the estimates of the pensioner numbers and associated annual costs in the specified pension bands can be provided:

Pension Band

Number of Pensioners

Current Pension Cost

€34,132  to €40,000

16,800

€580,000,000

€40,000 to €50,000

10,100

€410,000,000

€50,000 to €60,000

3,100

€155,000,000

€60,000 to €70,000

800

€45,000,000

€70,000 to €80,000

700

€50,000,000

€80,000 to €90,000

300

€20,000,000

€90,000 to €100,000

200

€15,000,000

More than €100,000

500

€55,000,000

 

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