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Friday 3 February 2023 Dublin: 10°C

# Pensions

All time
# Grand Plan
In bullet points: IBEC's plan to generate 25,000 jobs and €2.4bn in tax
The business group’s report on stimulating the domestic economy recommends changes to property tax, pensions, and social welfare payments.
# Pensions
Former minister received €7,400 in pension entitlements - by accident
Fianna Fáil’s John Browne was mistakenly paid €7,396.31 in ministerial pensions – which he’s not entitled to as a sitting TD.
# Political Pensions
30 former government ministers receive pensions of over €100k
Bertie tops the list, followed by fellow former taoisigh Brian Cowen and Albert Reynolds…
# Pensions
Future senior civil servants face pension changes from today
Top public servants no longer be entitled to the range of pension benefits they currently enjoy – but the reforms are to be reviewed next year to ensure that “desired candidates” are still attracted to top positions, says the Minister for Reform.
# BaNAMA Republic
NAMA confirms pursuit of major developers' pensions
The State’s ‘bad bank’ says it wants to get its hands on the pension pots of indebted developers – some of them worth millions.
# Public Pensions
Teachers attack 'larcenous' and 'unjust' plans for public pension reform
Unions claim a new reform of pensions mean that new teachers will pay more into their pension funds than they’ll get back out.
# Pensions
Government proposes ‘far-reaching transformation’ of public sector pensions
But one trade union has strongly criticised the reforms which it is estimated will save €1.8 billion per year.
# Pensions
Number of people relying on State pension to grow
New research has revealed that thousands of people without a pension are planning to rely on the State pension when they retire.
# Pensions
In focus: how some civil servants accrue such massive pensions
Civil servants are entitled to enormous pensions largely because of rules brought in by politicians to boost their own retirement.
# Public Sector
Up to 9,000 public sector workers set to retire amid pension changes
Changes to pension calculations are likely to see an increasing number of public servants seek retirement this year.
# Population
Ireland has one of highest birth and lowest death rates in EU
New demographic stats show Ireland has highest natural growth – as population of EU tops 502 million.
# Superquinn
Superquinn workers retain conditions, while suppliers fear for payments
Terms and conditions of employment at Superquinn will stay the same under new owner Musgrave, while the Small Firms Association says it fears for smaller suppliers.
# Reserves
Final €5 billion left in National Pensions Reserve Fund to be used to boost employment
The use of the funds is seen as making more sense rather then selling off semi-state assets at the wrong time according to a report in today’s Sunday Times.
# Boom!
Ireland's population to jump to 6.5 million by 2060
Ireland is going to see a population boom of 46 per cent in the next 50 years according to the EU’s statistics office, and we’re all going to be living longer too.
# Pensions Levy
Noonan didn't consult with Pensions Board before confirming levy
The finance minister confirms the Pensions Board was not formally consulted over the move to fund the jobs initiative.
# Pensions
Pension levy is a tax on those who have prepared for the future, says IBEC
The employers’ group says pension and benefit schemes are in serious danger and is urging the government to reconsider the pension levy. The levy forms part of the government jobs initiative.
# Your Say
Poll: Is it fair to levy private pensions to create jobs?
Michael Noonan says the pensions levy is ‘modest’ and temporary – but should those with private pensions have to foot the bill?
# hysterical
Noonan defends pension levy in face of 'hysterical' criticism
The Finance Minister has said the government’s introduction of a levy on private pension funds will help to restart the economy – and accused the pensions industry of acting in a “quasi-hysterical” manner.
# Daily Fix
The Daily Fix: Tuesday
Our nightly wrap-up of what’s been going on… including some hints on who to watch in tonight’s Eurovision semi-final.
# Jobs initiative
Jobs intiative will see levy on private pensions - but travel tax abolished
Michael Noonan’s jobs initiative will see a levy of 0.6 per cent on private pensions, which will fund VAT and PRSI cuts.
# Ageing
New study says three-quarters of older Irish adults are overweight
Poorer and less-educated over-50s have the highest levels of obesity, according to the Irish Longitudinal Study on Ageing.
# Jobs Budget
Government may levy private pensions to pay for jobs budget
The Irish Association of Pension Funds says a new levy on private pensions would be tantamount to a ‘stealth tax’.
# Pension Tax
Government scales back plans to cut pension tax relief
Proposals under the National Recovery Plan included cutting pension tax relief to 20 per cent. Instead, the government wants a 33 per cent flat rate on all contributions.
# Public Sector
Chief Justice discusses pension concerns with taoiseach
The Chief Justice John Murray has met with Taoiseach Enda Kenny and voiced concerns about the impact a new cap on public sector pension funds might have on judges’ retirements.
# Severance Pay
Ten departing health board execs given €4m in severance
The ten individuals were given an average payout of €405,000 each when they left as the Health Board became the HSE in 2005, according to the Medical Independent.
# Moriarty Tribunal
€235,368: Lowry's massive payoff if he quits politics
24 years as a TD and two years as a minister will be kind to Michael Lowry’s wallet if he is forced out by the Moriarty findings.
# The Cost of Change
Revealed: the full cost of dumping our outgoing government TDs
The first-year pensions of the 41 Fianna Fáil and Green TDs who failed to keep their seats underlines the price of change.
# Your Say
Poll: Should retiring TDs' pensions be performance-indexed?
In our daily poll, should our politicians be entitled to their full pension package – regardless of their legacy in office?
# Budget11
Budget 2011: Final Bill comes before Dáil today
Bill which sees minimum wage cut by a euro, reduces the salaries of the Taoiseach and ministers, and reduces public service pensions is expected to pass Dáil vote today.
# Budget11
Budget 2011: Six things to expect
A quick, at-a-glance guide to what you can expect from today’s “Bludget”, with €6bn in adjustments coming your way.
# Four Year Plan
What’s changing and when? A breakdown of the four year plan
A timeline of the government’s four year plan.
Lowry lays gauntlet as Ó Cuív says pensions may be cut
Éamon Ó Cuív says nothing is safe in next month’s Budget – while Michael Lowry says a pension cut won’t pass the Dáil.
Hey! Brian! Leave those OAPs alone
Finance Minister Brian Lenihan warned that the Greens, some FF backbenchers and independents won’t support cuts to the State pension.
# Austerity
Greek austerity: so harsh, they’ve stopped pensions for the dead
The Greek government cracks down on pensions being paid to those without a pulse.
# EU Budget
Member states ask EU to change its accounting rules
Countries say changes to accounting protocols could help cut their budget deficits.