Financial Emergency Measures in the Public Interest (Amendment) Act 2011

Amendment of section 2 of Financial Emergency Measures in the Public Interest Act 2010.

9.— Subsection (1) of section 2 of the Financial Emergency Measures in the Public Interest Act 2010 is amended, with effect on and from 1 January 2012, by the substitution of the following Table for the Table in that subsection:

“TABLE

Annualised amount of public service pension

Reduction

Up to €12,000

Exempt

Any amount over €12,000 but not over €24,000

6 per cent

Any amount over €24,000 but not over €60,000

9 per cent

Any amount over €60,000 but not over €100,000

12 per cent

Any amount over €100,000

20 per cent

.”.