Hey folks
Is there tax relief on the pension levy? similar to private sector?
Dermot Ahern apparently mentioned there was on Prime Time, but my understanding is theres not.
As a public servant, I accept a need for some type of reform of public sector pensions outside of the current fiscal crisis. However this levy is poorly concieved, and will have the exact same effect as a 10% paycut on on my net pay, but will never go away. I would have much rather a 10% paycut.
Rant over, roll on FG/ Lab government.