58. Deputy Mary Butler asked the Minister for Finance his plans to amend the criteria in respect of benefits payable on retirement from approved minimum retirement funds, AMRFs, in particular, the imposition of tax in respect of one withdrawal per year of up to a maximum of 4% of the value of the AMRF and the rule prohibiting cashing in the fund until the person reaches 75 years of age; the reason household income is not included for the purposes of calculating minimum income of €12,700 if converting an AMRF to an ARF; and if he will make a statement on the matter. [13484/18]

Summary

58. Deputy Mary Butler asked the Minister for Finance his plans to amend the criteria in respect of benefits payable on retirement from approved minimum retirement funds, AMRFs, in particular, the imposition of tax in respect of one withdrawal per year of up to a maximum of 4% of the value of the AMRF and the rule prohibiting cashing in the fund until the person reaches 75 years of age; the reason household income is not included for the purposes of calculating minimum income of €12,700 if converting an AMRF to an ARF; and if he will make a statement on the matter. [13484/18]

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• Pension Provisions

  xml · EN · 22 March 2018

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