J
By the way, public servants contribute towards their pensions, in the same way as some private sector workers contribute to theirs.
yes but public sector workers are guaranteed a set ammount in their pension regardless of how the pension fund is actually performing in the markets
So are private sector workers with DB plans
Most of the public sector do a good job, are not paid excessively and are not in a position to take big cuts.
yes but public sector workers are guaranteed a set ammount in their pension regardless of how the pension fund is actually performing in the markets
Public sector works may contribute, but not in the same way as private works do....
i) allowing them to claim contributory old age pension - public service doesnt currently get this even though since mid 90s, they pay Class A PRSI.
Public servants hired since April 1995 do pay full-rate PRSI and will receive an OACP.
start by taking away the "state pension"......everyone in the real world has to pay for their own pension!
Is the government building up to public sector reform, starting with pay cuts? The news coming from public commentators is yes and seems to be around the 10% mark.
How much over the average private sector job, does the public sector earn and how much is reasonable to take back of them?
If there are any public sector employees reading this, how willing are you to take a pay cut and how much?
Joejoe
Most workers will receive a State pension.
More private sector workers (1.5m+) will receive State pensions than public sector workers (approx 300k).
Maybe you mean public service occupational pensions?
By the way, public servants contribute towards their pensions, in the same way as some private sector workers contribute to theirs.
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