When I read about the exorbitant pensions our public service people are getting paid, eg td's mary harney 130k,, b cowen 150k, and so on and then I read that greece have slashed pensions and pay in the public service, why did that not happen here? We are borrowing hand over fist to pay these forever but it is a financial impossibility to afford these payouts so why do we persist?
A lot of these pensions would cost in the region of 4-6million and would not be allowed in the private sector. Surely there must be a way they can be clawed back? It was all very well when the boom was in place but now with cut backs it follows they should be reduced immediately.
Is it the scenario that in a few years they will just get nothing!!
A lot of these pensions would cost in the region of 4-6million and would not be allowed in the private sector. Surely there must be a way they can be clawed back? It was all very well when the boom was in place but now with cut backs it follows they should be reduced immediately.
Is it the scenario that in a few years they will just get nothing!!