The gold rush
Published 17/09/2011 | 05:00
•We see again the exorbitant and immoral payments to retiring civil servants and politicians. How can a person be entitled to draw a pension and a severance payment?
Severance payment relates to where one is removed, cut off or severed from their employment. Retirement is the natural progression towards the end of one's working life. To be awarded both is indeed a "cosy little arrangement".
Both Fine Gael and Labour in opposition constantly banged the table demanding an end to these entitlements. Now in power they trot out the same old line: "We cannot do anything about existing contracts."