Tuesday 17 October 2017

Marc Coleman: Left-wing are skewing the vital debate on pensions

The generous funding of public pensions is an affront and an insult to taxpayers.

If you see a flock of seagulls flying low in circles, it's a sign a bad storm is coming. And if you read a pile of papers about pensions policy from the ESRI and TASC, it's a sign that a bad storm is coming. A different kind of storm: A smash and grab raid on private sector pensions.

Last Sunday's Week in Politics on RTE television showed how the debate on public policy is moving rapidly in this direction. Using the questionable terminology of "tax expenditures", contributors steered viewers towards the view that the real problem was not the €129bn public pension liability but the fact that those who impose no burden on the taxpayer at all are the real problem.

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