The wondrous adventures of Sinn Fein (part 3) Mod Notes and Threadbanned List in OP

Public Service Pension Contributions total 6.5% when including Spouses and Children. Then there is the Additional Superannuation Contribution which rises to 10.5%, meaning on some of their income, civil servants are paying 17% pension contributions. The tax relief at 40% equates to 6.8%, halving this to 20% gives a cut of 3.4%, but not all income attracts the ASC, leaving me with 3% as an average round figure for the effect on an average public servant.

These are the hidden costs of the Sinn Fein budget proposals, and the rest of their sums don't add up if you exclude these measures.

I haven't seen their latest u-turn on the issue but again, I doubt the numbers will add up and ordinary people will suffer.

That @notsocutehoor doesn't know about various SF proposals on pension reliefs is not a surprise. Many people are taken in by the SF palaver.

Then there is the Additional Superannuation Contribution which rises to 10.5%, meaning on some of their income, civil servants are paying 17% pension contributions.

This is indeed true, if you joined the public service pre 2013 and if your salary is in excess of €60k. Of course what you neglected to mention (presumably forgot, didn't know or possibly didn't suit your agenda) is that if you joined post 2013 your ASC’s rise to a max of 3.5% irrespective of what you earn, and on salaries of €60k or less you pay 3.33% on €25.5k. 

Edit: As I understand it Sinn Fein's pension contribution tax proposal will not affect any public servant on the average public sector salary, or indeed anybody earning 20% above the average public sector salary, but again of course that wouldn't suit the agenda.

"Edit: As I understand it Sinn Fein's pension contribution tax proposal will not affect any public servant on the average public sector salary, or indeed anybody earning 20% above the average public sector salary, but again of course that wouldn't suit the agenda."

This is false (presuming you are referring to the proposal to standard-rate all pension tax relief to 20%, rather than allowing tax relief at 40%)

The 40% income tax rate starts at a crazy low point, 36,800 in 2022.

Any pension conts made above this are eligible for tax relief at the higher rate (40%).

There are tens of thousands of workers earning above 36,800, and making pension contributions.

This includes thousands of nurses, doctors, etc.

Practically every teacher would earn above this point, or the vast majority of them.

Mean earnings across all full-time workers is 49-50k, so the typical worker doing a full-time job and making pension conts will be affected by this.

Here are some data for average annual earnings in 2019:

Public admin and defence = 50,376

Education = 44,745

Most of these workers are in the PS, so most will be affected by this proposal.

Here is more recent data on earnings, 2022 Q1:

PS average earnings = 1,020, so about 52-53k per annum, so the proposal will affect any PS on average earnings

As Darragh said today, Sf's arrogance and that of M Lou is indeed something else. Sf's consistent and deliberate objecting of almost every development in Ireland is just something else.

Hubris aught to strike a tone.... alas...

They 'wasted' Dáil time.

The government could have avoided extending the speaking time available. They chose not to.

There is now a big question over where Sinn Fein go to here following the abject failure of their Motion of No-Confidence.

If the objective was to weaken the government, it completely failed. If the objective was to coerce the opposition, it was a limited success. Most of the opposition parties were on board, but they weren't lining up exactly behind Sinn Fein.

Sinn Fein are weakened by this in the public eye, wasting Dail time on a motion that was soundly defeated, while complaining about legislation being rushed. Have handed a big victory on that issue to FF/FG. If Higgins complains again this summer about rushed legislation, fingers will correctly be pointed at the stupid MONC waste of time.

More lies. That is not from the general election, it is from an opinion poll.

Three weeks would be my guess.