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Fianna Fáil to continue questioning government on how pension levy money is being spent

Fianna Fáil say they will continue to question the government about where money from the a...
Newstalk
Newstalk

12.30 28 Dec 2014


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Fianna Fáil to continue questi...

Fianna Fáil to continue questioning government on how pension levy money is being spent

Newstalk
Newstalk

12.30 28 Dec 2014


Share this article


Fianna Fáil say they will continue to question the government about where money from the additional pension levy is being spent.

This charge was originally set at 0.6% in 2011, and an additional 0.15% was added in Budget 2014 - bringing in a total of around €820m.

In response to a parliamentary question from Fianna Fáil, Finance Minister Michael Noonan said the money from the additional tax goes into the central fund and is not ring fenced for any specific area of spending.

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But Fianna Fáil spokesperson for Finance Michael McGrath is not satisfied with this response:


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