Thursday 19 October 2017

The timebomb that is public sector pensions is still ticking away

Michael Noonan has taken from the private sector – but can colleague Brendan Howlin afford to give to public servants?
Michael Noonan has taken from the private sector – but can colleague Brendan Howlin afford to give to public servants?
Richard Curran

Richard Curran

Driving past the Blackrock Clinic in South Dublin recently I noticed a billboard-style advertisement at the entrance saying it had job vacancies for health professionals.

Why would one of the leading private hospitals in the country place an ad like that at the entrance to its driveway, I thought? One reason is that nurses who work in the public hospital system enjoy unrivalled job benefits in relation to security, pension, time off, etc.

Another reason is that the moratorium on public sector appointments which lasted several years hooked the public sector health system on using private agencies to plug holes in the heavily-burdened system.

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