103 retired public workers sharing €10m pension pot
THE State is paying out over €10m each year in pensions to just 103 retired public servants, writes Gordon Deegan.
According to Public Expenditure Minister Brendan Howlin, at least 103 public servants are getting pension payments in excess of €100,000 per annum.
However, the data only relates to retired civil servants, the VEC/Institute of Technology sector and seven smaller bodies and agencies.
The figures are not believed to include retired politicians and judges who are in receipt of pensions of over €100,000.
In total, the annual pensions bill to the Exchequer is €65.6m for the 1,106 former high-earning public servants. These former public servants are receiving annual pensions in excess of €50,000 each.
The disclosure coincides with speculation that the payments face cuts under government plans to cut its payroll by €1bn.