Aer Lingus retired staff case

The State used a law to cut payments to retired aviation workers to help address a €770m pension fund deficit and avoid industrial unrest among existing workers before the sell off of Aer Lingus in 2014/15, the High Court heard. The circumstances of those still at work – active and deferred members of the Irish … Read more

Letter to Editor, Irish Times 22nd April

The Minister for Finance and Public Expenditure, Pascal Donohue, makes a fine case for the quality of employment in the public service. (Irish Times April 22nd).  In the course of his article he writes that public servants benefit from defined benefit pension arrangements. What he fails to mention is that many thousands of semi state … Read more

Interesting facts

Cut to pensions tax relief will lead to mass exodus by savers, warns provider. Government proposals that could see the income tax relief on pensions cut would be calamitous for middle earners, a leading investment company has warned. Halving the reliefs would lead to a mass exodus of middle-income earners from retirement schemes, Standard Life … Read more

Community Employment strike

Community Employment supervisors to strike over pension security Monday, February 18, 2019 – 07:36 AM Examiner Community Employment supervisors seeking security over pensions will strike today at six locations across the country. They will protest in Letterkenny, Galway, Athlone, Waterford, Cork and Dublin at Department of Social Protection offices from midday. Forsa and SIPTU say … Read more

USC on occupational pensions

Sir, Unlike civil servants, whose pensions are paid by the exchequer, occupational pensioners are provided out of contributions to a pension fund made by employees and their employer during their working lives. The infamous pensions levy introduced by the government in 2011 has yielded some €2.25 billion for the exchequer with pension funds being correspondingly … Read more