The 0.6% pensions levy is set to be increased to 0.75% and will remain in existence until the end of 2014, Minister for Finance Michael Noonan has announced.
A reduced levy of 0.15% will be introduced from 2015.
Mr Noonan said the measure would continue to help fund the Jobs Initiative and to make provision for potential State liabilities, which may emerge from pre-existing or future pension fund difficulties.
The minister also said that pension contributions would continue to attract tax relief at the marginal rate of tax.
He also announced the reduction of the Standard Fund Threshold from €2.3 million to €2 million from 1 January.
The minister also confirmed that there would be no increases in income tax or the Universal Social Charge in 2014.
The VAT rates would remain unchanged at the existing 9%, 13.5% or 23%.
There will also be no increases in excise duty on petrol, diesel or on home heating oil and gas.