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Saturday 28 January 2023 Dublin: 4°C

# Pensions

All time
# Gone Fishin
Gallery: Former taoisigh… where are they now?
Bertie, Albert, Brian and co. What are they up to these days?
# AIB
Staff reject AIB plans for pay freeze and pension changes
The IBOA says the proposals are not acceptable, but the bank – which holds its AGM today – says costs must be cut.
# Pensions
Pension changes to impact former taoisigh and those on “Rolls Royce” salaries
A proposed new scheme will benefit lower paid public servants, says Minister Brendan Howlin.
# Your Say
Poll: Do you contribute to an occupational pension scheme?
Irish Pensions Board has expressed concern over drop in occupational pension scheme members – are you one?
# Pensions
Pensions board chief warns fund trustees of legal action
Irish Pensions Board also says it is concerned by the drop in membership of occupational pension schemes.
# Census 2011
Young men around twice as likely to emigrate as women - report
An ESRI analysis of the Census 2011 data suggests that more than one in ten men aged in their 20s have left Ireland.
# Pension Scheme
Another pension scheme may bite the dust: Why is it happening?
Independent News and Media may close pension scheme as AIB says it will.
# AIB
AIB to cut managers' pay, freeze staff salaries and change pensions
Staff were informed of the plan in an email circulated today. Perks like gym memberships will also be cut.
# Rainy Days
Noonan: €1.2 billion of pension reserves already committed
That leaves about €4.5 billion in the pot.
# EU
EU warns of rising financial pressure from ageing population
Almost one-third of EU citizens will be aged 65 or over by 2060, says EU report.
# Civil Service
45 years: average age of civil servants as staffing levels approach crisis point
The country’s top civil servants say more urgency is needed on staffing levels, with some public servants taking on the work of two or three people.
# Public Pay
Nearly two-thirds of civil servants in line for pay increase this year
63 per cent of civil servants – including 2,776 who already earn over €70k – are entitled to ‘increments’ this year.
# Mahon
Commission will not strip Flynn's pension before court ruling
Current commissioner Maros Sefcovic says Padraig Flynn’s pension may be stripped, but only after he is convicted of an offence.
Voices
Column: Our welfare system is wasteful – and a timebomb for our children
As benefits for the most vulnerable are cut, our system throws money at others who don’t need it, writes Aaron McKenna.
# Daily Fix
The Daily Fix: Monday
All the day’s main news as well as the bits and pieces you may have missed in one handy round-up…
# Retirements
McCarthy bemoans Government's "ham-fisted" public retirement scheme
The chairman of An Bord Snip Nua attacks the “very poorly designed” system which may leave the public sector understaffed.
# Growth
IBEC downgrades growth forecast amid ‘challenging’ conditions
The business group believes the economy will not live up to Department of Finance predictions this year.
# Pay and Pensions
Top civil servant to retire, aged 55, with €430,000 package
Meanwhile, Minister for Public Expenditure and Reform has revealed that one civil servant has taken a voluntary pay cut of more than 50 per cent.
# Pensions Row
Revenue chairwoman apologises for distress caused by pensions letters
Josephine Feehily acknowledges that the Revenue Commissioners caused ‘confusion and distress’ to many Irish pensioners.
# Pensions Row
Revenue chairwoman to face TDs' questioning on pensions debacle
Josephine Feehily is to attend tomorrow’s meeting of the Oireachtas Finance committee, along with Social Protection officials.
# Pensions
Ombudsman raises concerns over Revenue contact with tax-compliant pensioners
Meanwhile, Revenue officials are expected to come before an Oireachtas committee this week over the controversy.
# The Daily Fix
The Daily Fix: Friday
In tonight’s fix: Some parents to lose child benefit; continued rows over pensions debacle; Ray Grehan bankrupt – in England – and all the other bits you may have missed.
# Pensions
Revenue to open Saturday hotline for pensions queries
# Pensions Row
Opposition cry foul over Revenue pensions 'mess-up'
Fianna Fáil and Sinn Féin demand immediate clarification on how 115,000 pensioners were told they may face extra tax.
# Tax
Revenue not ruling out back tax on pensioners
Declan Rigby from the Office of the Revenue Commissioners said that there will not be an across-the-board amnesty on pensioners who owe tax.
# Pensions
115,000 pensioners told: You'll have to pay more tax
The Revenue Commissioners and Department of Social Protection identify 115,000 pensioners whose income had been underdeclared.
# ESRI
Poorest have the worst experience of public services in Ireland
A new ESRI study on public services has found that Irish people give the health system a lower rating than that of almost every other system in western Europe.
# Budget 2012
Winners and losers of Budget 2012: In pictures
There was plenty at stake in the austere Budget presented by Brendan Howlin and Michael Noonan over the past two days. This slideshow will fill you in…
# Pensions
Number of PRSI payments to qualify for widow's pension trebled
The govt is increasing the qualifying number of PRSI payments for a Widow(er)’s and the Surviving Civil Partner’s contributory pensions from 156 to 520.
# Courts
Court fines Mick Wallace TD €7,000
Wallace pleaded guilty to five charges of failing to pay contributions into his employees’ pension schemes on time.
# United Kingdom
Two million staff on strike, in UK's biggest action since 1979
Public sector workers are striking, over government proposals to make staff work longer and pay more in order to earn pensions.
# Pensions
In full: what former ministers get after the government's new levy
We’ve gone through the list of ministerial pensions to see precisely how each living former minister is hit by the various levies.
# Pensions
Higher pension levy hits Ahern and Cowen - by €80 a week
High earners will still keep the vast majority of their huge pensions, as Brendan Howlin admits there is little the government can do.
# Daily Fix
The Daily Fix: Tuesday
Catch up on the day’s biggest stories, as well as the bits and pieces you may have missed…
# Judges
Judges' pensions unveiled in advance of pay cut legislation
The figures show that there are 13 former judges from the Supreme Court and High Court whose pensions total more than €100,000 each.