Howlin once again fails to tackle bumper pensions for high rollers in the public service – McDonald
Sinn Féin public expenditure and reform spokesperson Mary Lou McDonald TD has this evening accused her ministerial counterpart Brendan Howlin TD of once again failing to tackle bumper pensions for high rollers in the public and civil service.
Deputy McDonald said:
“Sinn Féin has relentlessly pursued the issue of high pay and pensions across the public sector with this government.
“Former senior public servants including Taoisigh and former Secretaries General will still continue to receive annual pensions in excess of €100,000.
“Fine Gael and Labour have yet again failed to tackle the thorny issue of bumper annual pensions paid out to former Taoisigh, Government Ministers, judges and Secretaries General.
“The additional pension levy measure announced by Minister Howlin amounts to a mere additional 8% reduction on pension income over €100,000 as these pensions are already subject to a 12% reduction.
“In real terms this means former Taoisigh Bertie Ahern and Brian Cowen’s annual pension payment will be reduced by a mere €4,000 leaving both in receipt of a pension to the tune of a massive €147,000 each year.
“John Bruton will still be in receipt of an annual pension worth €138,502 and Dick Spring will enjoy a whopping €119,420 pension payment.
“It is also worth noting that many of those in receipt of public service pensions in excess of €100,000 each year are still working in the private sector earning big money.
“Paying out whopping great pensions to high rollers from the public sector during a time of economic crisis is a scandal.
“Sinn Féin has consistently called on government to show leadership by imposing a pay ceiling of €100,000 on all public sector salaries. The State is insolvent and simply cannot afford to pay out big bucks to the big boys in the public sector. Similar pension restraint needs to be fully introduced.”