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€71.5 million stripped from the Waterford economy

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  • 03-05-2024 12:17pm
    #1
    Dum_Dum_2
    Registered Users Posts: 96 ✭✭Dum_Dum_2


    https://www.rte.ie/news/primetime/2024/0502/1447094-shattered-crystal-former-workers-still-battling-for-pensions/

    "Walter Croke received a payment of €22,000. That figure was significantly less than the €179,121 loss he suffered by signing away his pension rights, according to an actuarial calculation prepared to support his court case."

    "Walter Croke and about 400 other workers were not included in that deal because they were deemed to have signed away their pension rights."

    400 of them

    400 x €179,121 = €71,648,400

    So €71.5 million stripped from the local economy.



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