Political Pensions

Cunsiderthis

We hear that Willie O'Dea is now entitled to a ministerial pension in addition to his golden handshake. Presumably he is also entitled to a TD's salary now.

We are also told that Bertie Ahern is entitled to a taoiseach's pension, a ministerial pension and a Td's salary in addition to his other benefits.

Maire Geoghan Quinn has moved to the EU and, in addition to whatever presumably generous salary she is being paid, she is also entitled to claim a ministerial pension from the Irish government( ie from all of us)

Does anyone know how this works and is it really true that these people ( and others too presumably) are entitled to draw multiple pensions, and able to draw multiple pensions at a time when we are also paying them salaries?

It would be interesting if someone had a link to show the value of these pensions and benefits, and if we could have some clarification.

Riskymove

Cunsiderthis wrote: »

Does anyone know how this works and is it really true that these people ( and others too presumably) are entitled to draw multiple pensions, and able to draw multiple pensions at a time when we are also paying them salaries?

from the next election on, they will only be able to draw their pension when they retire from being a TD/Senator (i.e. wont get salary and pension at same time)

SOME of them have voluntarily deferred their pensions until they retire...Bertie is not one of them

Cunsiderthis

Riskymove wrote: »

from the next election on, they will only be able to draw their pension when they retire from being a TD/Senator (i.e. wont get salary and pension at same time)

SOME of them have voluntarily deferred their pensions until they retire...Bertie is not one of them

And will they be able to draw multiple pensions then too, as in a Minsiters pension, and a taoiseach's pension, and TD's pension etc etc?

Does anyone know the value of these pensions and hoe they are calculated?

helimachoptor

and their teachers pension too

Riskymove

Cunsiderthis wrote: »

Does anyone know the value of these pensions and hoe they are calculated?

The Government has agreed to cut ministerial pensions to serving members of the Oireachtas by 25%.

The payments will be abolished entirely after the next General Election.

This legislation will also abolish long-service increments for TDs from after the next election.

The 25% reduction applies to the pension payment that is actually made.

Sitting TDs, except former Taoisigh, are only paid 50% of their full pension entitlement.

There are 33 serving TDs, Senators and MEPs currently receiving ministerial pensions.

so they get 50% of the full pension and that was reduced by 25% for now but will be abolished from next election

For example, Bertie Ahern is entitled to claim all of his €111,235 pension.

:eek: on top of his €90,000 and expenses!

The veteran TD Mary O'Rourke gets a pension of €53,622 a year whilst Michael Woods gets €35,355 and controversial former minister James McDaid gets €23,845.

I think Mary O'Rourke deferred it until she retires

Other 'pensioners' include the leader of Fine Gael Enda Kenny, who draws a yearly pension of €15,000, and his deputy, Richard Bruton, who gets €14,041.

I'd imagine its based on long you were a Minister for, looking at the FG figures

The current EU Commissioner Charlie McCreevy, an exile in Europe, was sweetened by a pension of €70,710 on top of his Commissioner's salary, whilst Maire Geoghegan Quinn, who is enjoying a lucrative 12-year-long post-ministerial career in the European Court of Auditors, is in receipt of a pension of €60,811.

Fine Gael's John Bruton, who is currently the highly-paid EU Ambassador in Washington, also has an impressive state pension of €94,624.

However, Mr Bruton is only fourth in the list of former Taoisigh as Albert Reynolds receives €103,454 whilst the current Irish Times columnist Garret FitzGerald earns €98,315.

last and in this case, least

The most humble pension of all goes to Ivor Callely who pockets a mere €667 a year as a reward for his all too brief junior ministerial sojourn in Transport.

poor old Ivan

bamboozle

Cunsiderthis wrote: »

We hear that Willie O'Dea is now entitled to a ministerial pension in addition to his golden handshake. Presumably he is also entitled to a TD's salary now.

We are also told that Bertie Ahern is entitled to a taoiseach's pension, a ministerial pension and a Td's salary in addition to his other benefits.

Maire Geoghan Quinn has moved to the EU and, in addition to whatever presumably generous salary she is being paid, she is also entitled to claim a ministerial pension from the Irish government( ie from all of us)

Does anyone know how this works and is it really true that these people ( and others too presumably) are entitled to draw multiple pensions, and able to draw multiple pensions at a time when we are also paying them salaries?

It would be interesting if someone had a link to show the value of these pensions and benefits, and if we could have some clarification.

i actually emailed my local TD's on this some months ago, I got a response from the TD giving details of question he raised to the Minister of Finance, who stated that Bertie doesnt get both an ex taoseach's pension and an ex-minister's pension, he only gets the former. However after the completion of current Dail sitting Dail members will not qualify for any of these pensions.

Its scandelous that they've gotten away with this for so long.

Thoie

Cunsiderthis wrote: »

It would be interesting if someone had a link to show the value of these pensions and benefits, and if we could have some clarification.

I'm looking for the more recent figures, but the 2008 figures start on page 19 here.

A little while later: Looks like those 2009 figures won't be available until October of this year.