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Pensions. OMG!!!

  • 28-12-2012 12:29am
    #1
    Closed Accounts Posts: 5,073 ✭✭✭


    Just watching some spoof show on de box, and a list of ex TDs pensions and PS pensions was flashed up. Holy sh1t!!! Mary Harney, 127k, bertie 127K, Goggins 200K??? And the list went on and on.

    So AH, any of ye get a nice big pension??? Or any of ye feel these pensions may in fact be extracting the complete urine???

    I know one lad who worked his whole life and paid into a CIF pension. When he went to see what he was entitled to, it was €9 a week, no joke. He went back to work, at 66 years of age.

    Any views??


Comments

  • Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    They are all indexed linked to current TD's salaries too. So it is a fixed percentage of the current role they occupied and every role has it's own pension.

    Dick Spring rakes in a grand a DAY in pensions apparantly.


  • Moderators, Education Moderators Posts: 26,403 Mod ✭✭✭✭Peregrine


    They get paid more when they retire. Plus a once off payment. It'd probably be more economical to have a cabinet with like 80 ministers from all previous governments than have them retire tbh :rolleyes:


  • Registered Users, Registered Users 2 Posts: 5,618 ✭✭✭baldbear


    Suck it up! There all a shower of bastardos


  • Closed Accounts Posts: 5,541 ✭✭✭Smidge


    They are all indexed linked to current TD's salaries too. So it is a fixed percentage of the current role they occupied and every role has it's own pension.

    Dick Spring rakes in a grand a DAY in pensions apparantly.


    That has to be a joke???


  • Moderators, Business & Finance Moderators, Science, Health & Environment Moderators, Society & Culture Moderators Posts: 51,690 Mod ✭✭✭✭Stheno


    Smidge wrote: »
    [/B]

    That has to be a joke???

    Seems to be

    http://www.irishexaminer.com/world/kfqlmheyojkf/rss2/
    30 former ministers get pension over €100k

    By Mary Regan, Political Correspondent

    Thursday, November 10, 2011

    MORE than 30 former ministers are in receipt of pensions in excess of €100,000 a year.

    Many of those are getting the generous payments well before they reach retirement age.

    Former taoiseach Brian Cowen has a pension of €151,061 according to the figures provided to the Dáil by Public Expenditure Minister Brendan Howlin.

    This week the minister announced changes to the pension entitlements for civil servants, meaning they cannot claim a pension or lump sum payment until the reach normal retirement age.

    But many of members of the last administration have pensions of about €119,000 including Dermot Ahern, 56; Noel Dempsey, 58; and Martin Cullen, 58.

    Former health minister and tánaiste Mary Harney, who is seven years short of the normal retiring age, is paid an annual pension of €129,805.

    Sinn Féin described the payments as "obscene" and called for a change of the rules governing pensions for former ministers.

    The party’s spokesperson on finance, Pearse Doherty, said: "There’s one rule for politicians and another rule for the rest" because former office holders can claim a pension once they turn 50.

    He said: "Many of the people who are getting these ministerial pensions are still paid by the public purse."

    Alan Dukes, who is believed to be paid €150,000 for his role as chairman of state-owned Anglo Irish Bank (now the Irish Bank Resolution Corporation) has a ministerial pension of €94,467.

    Fianna Fáil MEP Pat The Cope Gallagher has a ministerial pension of €70,562 on top of his European Parliament salary of €92,000.

    His colleague, MEP Liam Aylward, has gifted his pension back to the state.

    Tom Parlon, a lobbyist for the Construction Industry Federation, has a pension of €31,192 from his time as a junior minister in the Progressive Democrats.

    Former tánaiste Dick Spring has a ministerial pension of €121,108. This is on top of his basic salary of €27,375 and €3,000 for every committee meeting he attends as public interest director at the partly state-owned AIB.

    President-elect Michael D Higgins has a ministerial pension of €87,928, but said during the election campaign he would not draw this down when he takes up his position in the Áras.

    Picture: Former taoisigh Brian Cowen is in receipt of an annual pension of €151,061 according to the figures


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  • Closed Accounts Posts: 1,458 ✭✭✭senorwipesalot


    CIF pensions are a joke.
    Checked the value of mine after 17 years ,wouldnt buy a box of fags a week.
    Someones havin a fcukin laugh.


  • Registered Users, Registered Users 2 Posts: 3,145 ✭✭✭LETHAL LADY


    The man you mentioned in your OP, is he entitled to a contributory pension from the state and all that goes with it? Does he have significant savings? Does he have a Mrs.? Is she entitled to a pension from the state? How many dependents? Does he own his home? Does he own a property abroad? How is his general health? Just trying to build a profile here:p


  • Closed Accounts Posts: 15,515 ✭✭✭✭admiralofthefleet


    something is seriously wrong with modern Ireland when a retired public servant takes over a hundred thousand in a pension yet people qued for food parcels last week


  • Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    Smidge wrote: »
    [/B]

    That has to be a joke???

    http://www.newstalk.ie/top-5-at-5-abortion-debate-dick-spring-national-lottery

    Soz- not pension, Appearance money


  • Registered Users, Registered Users 2 Posts: 959 ✭✭✭maringo


    Pottler wrote: »
    Just watching some spoof show on de box, and a list of ex TDs pensions and PS pensions was flashed up. Holy sh1t!!! Mary Harney, 127k, bertie 127K, Goggins 200K??? And the list went on and on.

    So AH, any of ye get a nice big pension??? Or any of ye feel these pensions may in fact be extracting the complete urine???

    I know one lad who worked his whole life and paid into a CIF pension. When he went to see what he was entitled to, it was €9 a week, no joke. He went back to work, at 66 years of age.

    Any views??

    How about Dail Committee to investigate pensions?


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  • Closed Accounts Posts: 5,073 ✭✭✭Pottler


    The man you mentioned in your OP, is he entitled to a contributory pension from the state and all that goes with it? Does he have significant savings? Does he have a Mrs.? Is she entitled to a pension from the state? How many dependents? Does he own his home? Does he own a property abroad? How is his general health? Just trying to build a profile here:p
    He paid in every week, for year after year, out of his hard slogged for wages. Got to 65 and happy days, retirement. Went and checked what his pension was worth. Nothing, as it happens. He lives alone, in a cottage, down a boreen. And what was he? Robbed, that's what. And what did the former chief executive of the BOI do?? Bust his bank and the rest of us and gets what? 200k a year, for a job well done. Nothing too funny there.


  • Registered Users, Registered Users 2 Posts: 1,059 ✭✭✭Squarewave


    Smidge wrote: »

    That has to be a joke???

    No, that's actually his real name.


  • Registered Users, Registered Users 2 Posts: 1,042 ✭✭✭Grimreaper666


    The biggest criminals in this country are politicians and bankers, there's no doubt about it and as we'll see they're untouchable. Just last week Fitzpatrick was arrested "by appointment" WTF!! If it was any ordinary working person the Gardai would be breaking down their door at 6 a.m.!!

    I doubt we'll ever see any change in this country tbh, the place is rotten to the core.


  • Registered Users, Registered Users 2 Posts: 1,168 ✭✭✭franktheplank


    Of course there is one sure fire way to reduce our pension spending.........


  • Registered Users, Registered Users 2 Posts: 3,145 ✭✭✭LETHAL LADY


    Pottler wrote: »
    He paid in every week, for year after year, out of his hard slogged for wages. Got to 65 and happy days, retirement. Went and checked what his pension was worth. Nothing, as it happens. He lives alone, in a cottage, down a boreen. And what was he? Robbed, that's what. And what did the former chief executive of the BOI do?? Bust his bank and the rest of us and gets what? 200k a year, for a job well done. Nothing too funny there.

    I am not saying there is anything funny Pottler, far from it at the moment, there is obscene amounts being paid to those who you mentioned, I recommend watching the George Lee documentary on the pensions crisis, some scary stuff in it but also some positives for those retiring at the moment. The scary thing is these rights, as in state pensions, are being slowly taken away so it is indeed up to each individual from whatever walk of life to properly plan for their future.


  • Closed Accounts Posts: 5,073 ✭✭✭Pottler


    Of course there is one sure fire way to reduce our pension spending.........
    Go on....:D


  • Registered Users, Registered Users 2 Posts: 7,401 ✭✭✭Nonoperational


    maringo wrote: »
    How about Dail Committee to investigate pensions?

    Investigate what like? All this information was freely available and we still elected them.
    Everyone knows that public servants get very good pensions. That would be a short investigation... "So you get your full pension that your legally entitled to and worked for as was laid down in in your contract?" "Yes" "Ok, Next".


  • Registered Users, Registered Users 2 Posts: 1,168 ✭✭✭franktheplank


    Pottler wrote: »
    Go on....:D

    Here's a subtle clue.



  • Closed Accounts Posts: 1,701 ✭✭✭Offy


    Here's a subtle clue.


    You just wasted a minute of my life......


  • Closed Accounts Posts: 8,704 ✭✭✭squod


    Once you're happy. That's the main thing.


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  • Registered Users, Registered Users 2 Posts: 104 ✭✭Poster Boy


    Re excessive pay and salaries, here's an idea that our dear leaders could look at - fresh from across the Atlantic in the last 24 hours
    BBC wrote:
    Apple boss Tim Cook in massive pay cut
    Tim Cook will take home a salary of just 1% of the $378m (£235m) he received to be Apple's boss last year.

    In a regulatory filing, the iPhone-maker's head said he would get a salary of $1.4m and a bonus of $2.8m for 2012.

    Most of his money from 2011 came from a grant of shares awarded for becoming the chief executive, and Apple said he would not get any new shares.

    Much more here:http://www.bbc.co.uk/news/business-20854669

    Seeing as the 2nd in command here - Gilmore - continues to be paid more than David Cameron, who leads a country with 15 times the size of population, and which isn't bankrupt. Tis just a thought :)


  • Registered Users, Registered Users 2 Posts: 38,247 ✭✭✭✭Guy:Incognito


    something is seriously wrong with modern Ireland when a retired public servant takes over a hundred thousand in a pension yet people qued for food parcels last week

    People have always queued for food parcels.

    I was working just off Church street behind the church that gives out the bags of food each week a year or two before the recession started and there was a big queue each week. Plenty of people turning up in work clothes with full shopping bags too .


  • Registered Users, Registered Users 2 Posts: 13,606 ✭✭✭✭ArmaniJeanss


    Poster Boy wrote: »

    Seeing as the 2nd in command here - Gilmore - continues to be paid more than David Cameron, who leads a country with 15 times the size of population, and which isn't bankrupt. Tis just a thought :)

    We should pay our politicians smaller amounts so that people like David Cameron with a private net worth of (estimated) €70M end up being the ones who bother their hole going into politics?
    Sounds like a plan.


  • Registered Users, Registered Users 2 Posts: 104 ✭✭Poster Boy


    We should pay our politicians smaller amounts so that people like David Cameron with a private net worth of (estimated) €70M end up being the ones who bother their hole going into politics?
    Sounds like a plan.

    You really think that Gilmore and Kenny are worth paying more than Cameron? I suppose the Cork Lord Mayor is also worth more than the Spanish Prime Minister. That sounds like a plan too, Bertie's plan. That's really worked now, hasn't it? :rolleyes:


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