I regret to to inform our members that the Department of Finance / Public Expenditure and their Minister have now formally refused to approve the increase in pensions-in-payment, applied for in 2018, after a lengthy delay and notwithstanding that this increase was previously recommended both by the Trustees and by the Sponsor, RTÉ, and that … Read morePaschal Donohoe has blocked our pension increase
Pension levy on private sector not always ‘fair’. Pensions Ombudsman Paul Kenny says in “most cases”, the effect of the reduction in payment would “last for the lifetime of the pensioner”. The Pensions Ombudsman has told the Oireachtas finance committee that the Government’s imposition of a 0.6 per cent levy on private sector pension schemes … Read morePension Ombudsman comments on Levy
We had a very useful and informative meeting on Friday 6th March with Conor Hayes, Chairman, Eugene Murray and Charles Byrne. The full Board had a formal meeting earlier in the afternoon and made some significant decisions. We listened and learned and asked many questions on your behalf. It was mutually agreed that the best … Read moreMeeting with Superannuation Trustees