News Irish News

Saturday 23 August 2014

103 retired public workers sharing €10m pension pot

Published 26/01/2013 | 05:00

  • Share

THE State is paying out over €10m each year in pensions to just 103 retired public servants, writes Gordon Deegan.

  • Share
  • Go To

According to Public Expenditure Minister Brendan Howlin, at least 103 public servants are getting pension payments in excess of €100,000 per annum.

However, the data only relates to retired civil servants, the VEC/Institute of Technology sector and seven smaller bodies and agencies.

The figures are not believed to include retired politicians and judges who are in receipt of pensions of over €100,000.

In total, the annual pensions bill to the Exchequer is €65.6m for the 1,106 former high-earning public servants. These former public servants are receiving annual pensions in excess of €50,000 each.

The disclosure coincides with speculation that the payments face cuts under government plans to cut its payroll by €1bn.

Irish Independent

Read More

Editor's Choice

Also in Irish News