What a package, Check out this from today's indo . http://www.independent.ie/national-news/garda-pension-worth-836411m-1664588.html makes interesting reading if the figures are correct.
The last question I'd have for anyone doubting the value of their public sector pension is would they now swap their 50% pension for a pension made up of the value the social welfare pension and whatever topup is needed to reach 50% of salary but with the explicit implication that the pension will be made up based on the current topup needed to reach the full pension.
To make it clearer take some one on 48k expecting to retire at 24k, one could say this pension is 12k social welfare (25% current salary) and 12k public sector (also 25%). Now would this person accept a situation where the government said ok we'll only give you from now on a 25% public sector pension and the social welfare pension?
With my new deal - a fairer pension for one and all.But that's exactly what most public servants get - SW pension, and the balance up to 50% final salary. Oh yeah, and the 150% lump sum.
How do you think your version varies from current practice?
Out of interest do psychiatric nurses have a similar retirement age entitlement. They have very physically demanding jobs and can be attacked by patients frequently in their careers and as far as I am aware do not have access to things like batons and riot gear etc.
Out of interest do psychiatric nurses have a similar retirement age entitlement. They have very physically demanding jobs and can be attacked by patients frequently in their careers and as far as I am aware do not have access to things like batons and riot gear etc.