07/11/2012

SIPTU Members To Stage Rally Outside Leinster House

SIPTU members will stage a rally outside Leinster House at 11.00am today to demand that the Government protect the real value of the State Pension in Budget 2013.

The protest will highlight the fact that the majority of retired people depend on the State Pension to keep them out of poverty and that any cut to its levels would have a devastating impact on older peoples' lives.

They will also be demanding that changes, which came into effect on 1st September 2012 for new claimants of the State Pension and which make it harder for workers with interrupted PRSI records to meet new requirements regarding yearly average social insurance contributions, are reversed.

SIPTU Retired Members Section National Committee member, John Walsh, said: "Many occupational pension schemes are in difficulty due to poor returns on investment and illogical accounting standards. As more workers will rely on social welfare for their retirement income, we must protect State Pensions, not cut them.

"We worked hard all our lives and paid our PRSI contributions for our State Pensions. We've paid for our pensions. We are demanding that the Government protects the pensions we have already paid for."

(CD/GK)

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