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Government fails to tackle bumper pension pay-outs – McDonald

15 December, 2011 - by Mary Lou McDonald TD

Speaking in the Dáil today Sinn Féin Public Expenditure and Reform Spokesperson Mary Lou McDonald TD 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.

“Public Expenditure and Reform Minister Brendan Howlin TD today fluffed yet another an opportunity to call a halt to annual pension payments in excess of €100,000 for former Taoisigh, Government Ministers, Judges and Secretaries General.

“Today the government voted against Sinn Féin’s legislative amendment to apply a new pension levy rate of 100% on all public sector pension payment s in excess of €100,000. Under Labour’s watch former Taoisigh Bertie Ahern and Brian Cowen will continue to receive an annual pension to the tune of a massive €147,000 each year.

“John Bruton will still receive €138,502 a year and Dick Spring will enjoy a whooping €119,420 pension payment. Let’s not forget that a significant number of former office holders in receipt of massive pensions are still working in the private sector earning big money.

“It is entirely reasonable in a time of crisis, where the State is insolvent and these emergency measures are in the public interest, for the Minister to claw back the excess of €100,000 in total.

“Labour’s legacy will be that it paid out whooping great pensions to high rollers from the public sector whilst cutting education and training supports for the unemployed, lone parents and vulnerable kids. Labour and Fine Gael in Government have failed the public interest.” ENDS

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