Monday, February 13 2012

National News

'Minister for Hardship' getting three pensions worth €115,000

By Patricia McDonagh

Monday July 27 2009

FORMER finance minister Richie Ryan is picking up three separate pensions funded by the Irish taxpayer.

Mr Ryan (80) is one of five ex-TDs receiving an Oireachtas pension, a ministerial pension and an MEP pension.

He inflicted a raft of widely unpopular measures, such as capital gains tax, during the 1970s Fine Gael-Labour coalition led by Liam Cosgrave.

His tough policies saw him mercilessly lampooned in RTE's satirical series 'Hall's Pictorial Weekly' as the penny-pinching "Minister for Hardship".

He later went on to serve as an MEP in 1973 and again from 1977 to 1986.

Confidential documents, obtained under the Freedom of Information Act, show Mr Ryan received a €17,178 MEP's pension, a €60,044 Oireachtas pension for his time as a TD and a ministerial pension worth €37,827 last year. This provided him with a total income last year of more than €115,049.

Ex-Fianna Fail TDs Gerard Collins, Noel Davern, Liam Hyland and ex-Fine Gael TD Tom O'Donnell also received three pensions in 2008. And it is understood all five are still receiving the pension pots.

The revelation comes as taxpayers fear for their income after the cost-cutting body, An Bord Snip Nua, outlined €5bn of possible spending cuts.

The information also comes in the wake of fears for private pension schemes, which have been hit by the credit crunch. Some 90pc of company schemes have been left in deficit.

According to the figures, Mr Collins (71), an ex-Fianna Fail TD for Limerick West, last year received a €19,579 MEP's pension, a €52,213 Oireachtas pension and a €56,252 ministerial pension, worth a total of €128,044. He served as justice minister and as an MEP between 1994 and 2004.

In 1991 he infamously pleaded with Albert Reynolds not to "burst up the party" by challenging Charles Haughey for leadership.

Mr Davern (64), who previously served as a Fianna Fail TD in Tipperary South, received a €12,270 MEP's pension, a €56,515 Oireachtas pension and a €20,746 ministerial pension last year, giving him a total of €89,531. He previously served as education minister and also as an MEP between 1979 and 1984.

Mr Hyland (76), an ex-Fianna Fail TD for Laois-Offaly, held office as a junior agriculture minister and later as an MEP between 1994 and 2004.

Last year he received a €19,579 MEP's pension, a €51,733 Oireachtas pension and a €11,837 ministerial pension -- giving him a total of €83,149.

Mr O'Donnell (83), a former Fine Gael TD for Limerick East, received a €19,579 MEP's pension, a €52,213 TD's pension and a €37,827 ministerial pension, giving a total of €109,619.

He was previously Gaeltacht Minister and served as an MEP between 1979 and 1989.

"A person is entitled to receive an MEP pension and an Oireachtas pension at the same time, as each pension scheme is governed by its own rules and conditions," an Oireachtas spokesman said.

Last night both Fine Gael and Fianna Fail refused to comment on the figures.

Mr Collins and Mr Hyland could not be contacted, despite a series of phone calls. Mr Ryan, Mr Davern and Mr O'Donnell refused to comment.

- Patricia McDonagh

 
 
Comments that are judged to be defamatory, abusive or tasteless will not be approved and contributors who consistently fall below these criteria will be permanently blacklisted. Comments should be concise and to the point. The moderator will not enter into debate with individual contributors and the moderator's decision is final.
blog comments powered by Disqus

National News Video

(video)

Hunt goes on for soldiers' killers

Police have launched a fresh bid to catch the gunmen who killed two soldiers in Northern Ireland, as a terminally ill man convicted of trying to torch their getaway car was told he must serve a minimum of 25 years in jail.Brian Shivers, 46, from Magherafelt, Co Londonderry, who was part of the Real IRA gang that murdered Sappers Patrick Azimkar, 21, and Mark Quinsey, 23, outside the Massereene military barracks, is suffering from cystic fibrosis and has an estimated four to five years to live.

(video)

Ireland ready to bounce back

Declan Kidney and Paul O'Connell discuss Ireland's upcoming RBS 6 Nations game against France.

(video)

Girl shot dead 'in family feud'

The 16-year-old, named locally as Melanie McCarthy, but also known by the surname McNamara, was shot in Tallaght, Dublin, last night at around 10.35pm.

View more



Highlights

Independentwoman.ie

Independent Woman

A fresh, fun site featuring celeb gossip, fashion, beauty, love & sex, and health & fitness.

Findajob.ie

Job search

Search for jobs by keyword, category, or location.

Globrix.ie

Property

Buy. Rent. Know. The most powerful property search engine.

Yourlocal.ie

Directory

Wherever you are... Find what you're looking for on Yourlocal.ie.

GrabOne

GrabOne

Daily Deals: Find the best things to do, see and eat in Ireland