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