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Disbelief public funds exempted

Sir -- It beggars belief that public sector pensions will be exempt from the "jobs levy".

Most private pension funds have been decimated in recent years while public sector pensions skip merrily along at up to twice the rates of their European counterparts.

This brings Fianna Fail's craven deference to the powerful public sector unions to a new low.

Dick Keane,

Glenageary, Co Dublin

Sunday Independent