Politicians' pensions

recylingbin

Do they get them when they are turfed out or do they have to wait until they reach retirement age?

Also, if they get another cushy number, a la Michael McDowell, do they eschew the pension until they are out of work again?

Capt'n Midnight

You can have an Oireachtas pension, a Ministerial pension and an MEP pension at the same time

back in the 80's you got the pension as soon as you left the job later you used to be able to take the full pension at 50 years of age or take a reduced one from 45 years of age - it's now 65 (or will the general changes affect them too ?)

http://ipe.co/magazine/the-price-of-integrity_16631.php?special=yes cba looking up the statutes as they have probably awarded themselves some other hidden perks too

The pension accrues at 1/40 of salary per year of service, subject to a maximum pension of half of salary. There is also a lump sum payment of 3/40 of salary per year of service up to a maximum of one and a half times salary. This is twice as generous as the common practice for public sector pensions.

not to mention the free car / driver for some


back in 1998 - it's nothing new
http://www.independent.ie/national-news/former-taoiseach-gets-biggest-pension-437578.html

A total of 111 people are in receipt of Ministerial pensions, at a total cost to the taxpayer of £1,385,652.77 a year.

That about €1.75m


http://ipe.co/magazine/the-price-of-integrity_16631.php?special=yes

Denzil2222

recylingbin wrote: »

Do they get them when they are turfed out or do they have to wait until they reach retirement age?

Also, if they get another cushy number, a la Michael McDowell, do they eschew the pension until they are out of work again?

yes they are all getting a pension right now and they deserve it.

PeterIanStaker

Denzil2222 wrote: »

yes they are all getting a pension right now and they deserve it.

They deserve no less than a boot up the hole, troll.

Denzil2222

PeterIanStaker wrote: »

They deserve no less than a boot up the hole, troll.

and who did you vote for in the 07 election?

Rabies

PeterIanStaker wrote: »

They deserve no less than a boot up the hole, troll.

thats lovely.
you weren't breast fed as a child were you?

If a pension is part and parcel of finishing their role, then so be it. The next government can amend it for the future.

PanchoVilla

Politician's pensions are a joke, just another example of how our government are just a bunch of greedy bastards. Pensions should only be paid when a politician retires. If you manage to get elected but then voted out after one term you shouldn't get a pension. If you walk out of the job like Bertie did you shouldn't get a pension.

Maybe if politicians in this country did some actual work then I'd change my mind but as it stands they do sweet fúck all for anyone but themselves and get paid a fortune for it. They hire advisors and PR consultants to do all their thinking for them or just do whatever the EU tell them to do. Anyone who thinks being a politician in this country is a difficult job has never had a real job.

PeterIanStaker

Denzil2222 wrote: »

and who did you vote for in the 07 election?

Lab, have never voted Fianna Failure or the Possessive Autocrats and not a Lab voter or any way left leaning, I just see that these people are parasites, they're some form of STD.

Although you will, a shur arent they great?

Not that I give two sh*ts about Lab, its just they seemed less gombeen at the time. Course now we know none of these people justify their salaries.

senordingdong

Rabies wrote: »

thats lovely.
you weren't breast fed as a child were you?

If a pension is part and parcel of finishing their role, then so be it. The next government can amend it for the future.

Like **** they will.

PeterIanStaker

Rabies wrote: »

thats lovely.
you weren't breast fed as a child were you?

If a pension is part and parcel of finishing their role, then so be it. The next government can amend it for the future.

I actually was breast fed. Probably because the 'rents couldnt afford formula milk in the '80's - Haughey too busy using said money for Charvet shirts.

And I seriously doubt the next govt will cut their own nest eggs.

So once again, they deserve a boot up the hole.

The pension accrues at 1/40 of salary per year of service

1/40th accrual :eek:
Twice as generous indeed

Nijmegen

It's funny how they've all, of all creeds, got their noses in it. Which is why we haven't seen blue murder over it all.

Ivan Yates is on Newstalk every morning shouting about PS pay and pensions, he owns a successful bookies business, comes from money, and claims €48,000 a year in his ministerial pension.

orourkeda

I'm somewhat puzzled by this.

How does one go about forcing a reduction in the ministerial pensions? All this talk and pissing and moaning about ministers pensions being a joke is becoming tiresome quite frankly. Actions speak louder that words after all. Let's do something about it.

If we bear in mind that they will probably try to reduce the civil service pensions of the employees that work for them and everyone else will be affected by them financially in some way at the next budget.

mikemac

recylingbin wrote: »

Also, if they get another cushy number, a la Michael McDowell,

Barristers are self employed

And he is one of the top barristers in the country so it makes sense to have him at the Tribunal.

flyton5

*hits self in head with hammer*

Rabies

senordingdong wrote: »

Like **** they will.

Exactly.

Now its up to you guys that elect them in to office to get the change done.