Politicians always act in own interest
THE following has been slipped into page 72 of the four-year plan: "In order to avoid a destabilising rate of retirements in 2011 and to manage the cost in both 2011 and 2012, the Government has decided to extend the ‘grace period’ under which pensions are calculated by reference to the pre-cut rates of public service pay to end February 2012."
This will ensure that pensions will be maximised in the context of the proposed cuts, for all ministers, TDs and senators who retire or are fired by the electorate. This is all in the national interest, of course.
Newtown, Castletroy, Limerick