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04/01/2013
Former TDs To Benefit From 'Golden' Pensions If They Regain Seats
Former politicians who win back their seats in the Dail will be able to re-enter a gold-plated pension scheme, the Irish Independent has reported.
And if they end up as ministers they will qualify for pensions worth more than €100,000 a year.
The pension scheme will be worth thousands of euro a year extra for these politicians when they retire.
A new order, which will see all new public servants and new politicians getting much-reduced pensions, has been signed by Public Expenditure Minister Brendan Howlin – but he has made an exception for returning politicians.
The move to give returning TDs an opt-out from the new rules, and allow them keep the existing generous pension arrangements, has been criticised as "politicians looking after politicians".
Agriculture Minister Simon Coveney this week called on former politicians to forfeit their pensions.
(H)
And if they end up as ministers they will qualify for pensions worth more than €100,000 a year.
The pension scheme will be worth thousands of euro a year extra for these politicians when they retire.
A new order, which will see all new public servants and new politicians getting much-reduced pensions, has been signed by Public Expenditure Minister Brendan Howlin – but he has made an exception for returning politicians.
The move to give returning TDs an opt-out from the new rules, and allow them keep the existing generous pension arrangements, has been criticised as "politicians looking after politicians".
Agriculture Minister Simon Coveney this week called on former politicians to forfeit their pensions.
(H)
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Ireland WeatherThis Evening and Tonight:Chance of one or two showers across the south at first this evening. Otherwise it will be a dry night with a few fog patches. Minimum temperature 4 °C.
