TD's Pensions

rustbucket

Registered User
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805
Absolue disgrace! and the refusal of Maire Geoghan Quinn to comment on why she wont give hers back makes me sick.
 
Right, after Ms. Quinn was shamed into gifting her pension to the state for 5 years a few ministers have followed suit. When will the TD's who have teaching posts held open for them do the right thing?
 
Shur don't they need the security of having a job to fall back on if the whole TD punt doesn't work out. They need to have a safety net to fall back on..

And there was me thinking that if they were any good at their job they would be re-elected.
 
I heard Ivan Yates talk about it this morning on Newstalk. He basically said he didn't cause the mess and was legally entitled to his pension. The head of BOI was legally entitled to his pension. He then said that it would have been the same if he had worked for any multinational company in the private sector. Well actually Ivan it's not. If I resign tomorrow, my very generous company don't allow me to start drawing down on my pension while I go off and set up my own business.

I
 
I know everyone is outraged, but if any of us were entitled to such sums, how many of us would willingly hand it back even though it was rightfully ours?
 
I do think TD's and those who have served in the Dail deserve a pension. But I think it should only be given at 65 years of age. I am beginning to get annoyed with Ivan on Newstalk (we have now switched stations ) as he too is in reciept of a pension and is working (albeit in the private sector), and yet he somehow differentiates himself from serving ministers....
 
Heard one politician claimed his pension, if he gave it up, is only in the region of €50 to €60 and therefore would not be of much difference.

Huge comfort to all the clerical officers in the ps I am sure who had a forced pay cut.
 
Heard one politician claimed his pension, if he gave it up, is only in the region of €50 to €60 and therefore would not be of much difference.

What Emmet Stagg said was that his annual pension was about €2500 per annum so would not make much difference to the national finances.
 
I heard Ivan Yates talk about it this morning on Newstalk. He basically said he didn't cause the mess and was legally entitled to his pension. The head of BOI was legally entitled to his pension. He then said that it would have been the same if he had worked for any multinational company in the private sector. Well actually Ivan it's not. If I resign tomorrow, my very generous company don't allow me to start drawing down on my pension while I go off and set up my own business.

I

I have a problem with the size of the pensions and the fact that they can be drawn by people who are still in state employment. I don't have a problem with people getting them before they are 65.
Ivan Yates is not a state employee so I don't have a problem with him getting his pension, I do have a problem with how much he gets.

Politics is a hard job, if we want good people to get involved then we have to offer good pay and some sort of a safety net. The problem is they just get paid too much.
 
Politics is a hard job, if we want good people to get involved then we have to offer good pay and some sort of a safety net. The problem is they just get paid too much.

So the fact that we have had crap politicians to-date would suggest that we need to increase the benefits so as to get better TDs!
 
So the fact that we have had crap politicians to-date would suggest that we need to increase the benefits so as to get better TDs!

I don't think they are all bad, I think as long as we have our stupid electoral system Irish politics will be determined by the lowest common denominator but that's for another thread.
 
Politics is a hard job, if we want good people to get involved then we have to offer good pay and some sort of a safety net. The problem is they just get paid too much.

Lots of people have tough jobs. Look at all those people on contracts who don't get any pension entitlement
They get six figure salaries and expenses to compensate for the tough nature of their work and the risks they take in entering public life. They are among the highest paid politicians in the world. They should be like everyone else and be entitled to a pension when they reach retirement age.

Nobody whether they be a banker or politician should earn a six figure pension unless they funded it themselves.
 
Lots of people have tough jobs. Look at all those people on contracts who don't get any pension entitlement
They get six figure salaries and expenses to compensate for the tough nature of their work and the risks they take in entering public life. They are among the highest paid politicians in the world. They should be like everyone else and be entitled to a pension when they reach retirement age.

Nobody whether they be a banker or politician should earn a six figure pension unless they funded it themselves.

I agree. Like I said, it's the size of the pensions that I have a problem with.
 
But I think it should only be given at 65 years of age.
Absolutely - they should have the same terms and conditions as any other public servant. Their pension should be payable at retirement age (soon to be 68?) and should be proportional to their years of service. None of this '3 year threshold' nonsense that inspires the Greens chair-shuffling antics. If you serve 1 year, you get 1/40th of a full pension etc etc.

It is crazy to be paying pensions to anyone before retirement age.
 
Absolutely - they should have the same terms and conditions as any other public servant. Their pension should be payable at retirement age (soon to be 68?) and should be proportional to their years of service. None of this '3 year threshold' nonsense that inspires the Greens chair-shuffling antics. If you serve 1 year, you get 1/40th of a full pension etc etc.

It is crazy to be paying pensions to anyone before retirement age.

As if we don't have enough teachers and publicans in the Dail as it is...
 
Politics is a hard job, if we want good people to get involved then we have to offer good pay and some sort of a safety net. .[/QUOTE]

Lets just try it and see .... reduce TD's salaries & perks and see who runs in the next general election - we won't know until we try it
They said the same about senior bankers, ie peanuts & monkeys ......
 
lots of people have tough jobs. Look at all those people on contracts who don't get any pension entitlement
they get six figure salaries and expenses to compensate for the tough nature of their work and the risks they take in entering public life. They are among the highest paid politicians in the world. They should be like everyone else and be entitled to a pension when they reach retirement age.

Nobody whether they be a banker or politician should earn a six figure pension unless they funded it themselves.
+1.
 
And just when you thought it couldn't get any worse - From [broken link removed]
a “transition allowance” he receives from the commission for three years after his retirement. This allowance is about €11,150 per month, or 55 per cent of his commissioner’s salary.Mr McCreevy also receives an annual ministerial pension of €74,746 and a €52,213 pension in respect of the 27 years he spent as a TD.

They're just laughing at us, folks.
 
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