EMERGENCY BUDGET (NO.2) 2009 - EFFECTS ON GARDA PAY SCALES

GARDA REPRESENTATIVE ASSOCIATION

          Pension + Health + Income Levies Cost 2009

EFFECTIVE FROM 1ST MAY 2009

PAYE

Gross

Weekly

Pension

Current

Current

Pension

Taxable

New

2% Income

Relief on

Net

Post April 1995

Salary & Rent

Gross

6.5%

Taxable

PRSI

Levy Gross

Gross

PRSI

Levy

Pension Levy

Cost

€

€

€

€

€

€

€

€

€

€

€

Attestation

31225

600.48

(39.03)

561.45

(28.61)

(20.28)

541.17

(38.21)

(12.01)

4.06

(37.84)

22 weeks

33919

652.29

(42.40)

609.89

(31.51)

(25.46)

584.43

(41.67)

(13.05)

5.09

(43.57)

1 year

35567

683.98

(44.46)

639.52

(33.29)

(28.63)

610.90

(43.79)

(13.68)

5.73

(47.08)

2 years

36572

703.31

(45.72)

657.59

(34.38)

(30.56)

627.03

(45.08)

(14.07)

6.11

(49.22)

3 years

42062

808.88

(52.58)

756.31

(40.30)

(41.12)

715.19

(52.14)

(16.18)

16.86

(52.27)

4 years

44516

856.08

(55.65)

800.43

(42.95)

(45.83)

754.60

(55.29)

(17.12)

18.79

(56.51)

5 years

46735

898.75

(58.42)

840.33

(45.34)

(50.10)

790.23

(58.14)

(17.98)

20.54

(60.33)

6 years

48871

939.83

(61.09)

878.74

(47.64)

(54.21)

824.53

(60.88)

(18.80)

22.23

(64.02)

11 years

50727

975.52

(63.41)

912.11

(49.65)

(57.78)

854.33

(63.27)

(19.51)

23.69

(67.22)

17 years

52822

1015.81

(66.03)

949.78

(51.91)

(61.81)

887.97

(65.96)

(20.32)

25.34

(70.83)

PAYE

Gross

Weekly

Pension

Current

Current

Pension

Taxable

New

2% Income

Relief on

Net

Pre April 1995

Salary & Rent

Gross

3.5%

Taxable

PRSI

Levy Gross

Gross

PRSI

levy

Pension Levy

Cost

€

€

€

€

€

€

€

€

€

€

€

6 years

47390

911.35

(31.90)

879.45

(25.27)

(51.36)

828.09

(40.34)

(18.23)

21.06

(63.60)

11 years

49274

947.58

(33.17)

914.41

(26.28)

(54.98)

859.43

(41.88)

(18.95)

22.54

(66.99)

17 years

51210

984.81

(34.47)

950.34

(27.33)

(58.71)

891.63

(43.46)

(19.70)

24.07

(70.46)

Assuming single rate tax band of €36,400

Net Cost - Pension Levy (less tax relief) less reduction in PRSI plus 2% income levy

Pension levy - first 15,000 of earnings exempt, 5% on next 5,000, 10% on earnings between 20,000 and 60,000 and 10.5% on earnings above 60,000

NOTE: THIS IS A GENERAL CALCULATOR. INDIVIDUAL PERSONAL CALCULATIONS ARE COMPLEX, PARTICULARLY IN HOW THE HEALTH LEVY IS APPLIED TO PRSI AND DEPENDS ON PERSONAL FACTORS - MARRIED / SINGLE; CHILDREN / NO CHILDREN; ONE / TWO EARNERS.