I propose to take Questions Nos. 275 to 277, inclusive, together.
The provisional outturn data for lump sumps for 2011 is €600 million and the initial estimate of cost for 2012 is just over €600 million. Lump sum payments account for approximately 20% of the total pensions bill for these years. Data for earlier years is not available centrally. The cost of lump sums and the figures for Civil Service pensioners for the period 2006-2012 are in the table:
Year(Outturn)
|
Lump Sums Total from Superannuation and Retired Allowances Vote€m
|
2006
|
€46.662m
|
2007
|
€56.693m
|
2008
|
€52.565m
|
2009
|
€104.711m
|
2010
|
€92.029m
|
2011 (Provisional Outturn)
|
€84.435m
|
2012 (Preliminary Estimate)
|
€115.850m
|