lube up lads and ladies for your political rodgering

miss tickle

I can't believe I missed this in the budget, was it made so transparent during the budget speech that it was actually translucent.

http://www.independent.ie/business/budget/judges-and-politicians-to-keep-bumper-pension-pots-29701816.html

Quoted from the article:

The changes mean senior civil and public servants, like judges and county managers, who retire in the next five years will able to retire on pensions of up to €115,000 a year.

Ordinary workers will have a limit of half of this imposed on the size of pensions they can get to qualify under new tax rules. They will have to pay a 'super tax' of 70pc for pensions over €60,000.

Pensions experts accused Minister for Finance Michael Noonan of skewing the rules to ensure high-earning public servants will be able to keep big pensions entitlements they have amassed up to now.

"The pension cap does not address this issue as it will take another 40 years to apply in full.

"Senior civil servants who retire in the next five years can receive a pension of up to €115,000 per annum, whereas private-sector workers in defined contribution schemes are immediately capped at €60,000," he said at the Irish Brokers Association annual lunch.

Aidan McLoughlin, of the Independent Trustee Company, said: "Those in the public sector and others in the private sector's defined-benefit pension schemes won't be hit by this restriction and won't see this limit fully applied until January 2054."

Industry experts accused him of failing to implement the changes the way the industry recommended, in a bid to protect the pensions of politicians and high-paid civil servants.

Thoughts anyone?

Mickey H

The post opened with "Lube". It went downhill from there...

wretcheddomain

Michael Noonan; slippery as always...

pharmaton

was full sure this was about the upcoming referendum on gay marriage

miss tickle

Mickey H wrote: »

The post opened with "Lube". It went downhill from there...

lets face it, nobody felt it going in.:) But they'll feel it next year when their defined contributions pension scheme is taxed at 70% over 60,000, and their retiring politicians defined benefit pension is not taxed likewise. I would call that a painful withdrawal.

pharmaton

'm fairly sure I'll be dead before I get to draw a pension so I don't really worry about these things, if I'm still alive it will be a bonus

miss tickle

wretcheddomain wrote: »

Michael Noonan; slippery as always...

as slippery as a butcher's prick,

http://www.urbandictionary.com/define.php?term=as%20slippery%20as%20a%20butcher's%20prick

miss tickle

pharmaton wrote: »

was full sure this was about the upcoming referendum on gay marriage

A distraction to divert from their personal enrichment, do you really think a referendum on the abolishion of the seanad was more important than a referendum on equal rights for same sex and cohabiting couples even though they contribute more tax wise than married couples, oh wait, the penny just dropped.

miss tickle

pharmaton wrote: »

'm fairly sure I'll be dead before I get to draw a pension so I don't really worry about these things, if I'm still alive it will be a bonus

We all die eventually, no reason to make this easy for them

Amirani

miss tickle wrote: »

[/B]

A distraction to divert from their personal enrichment, do you really think a referendum on the abolishion of the seanad was more important than a referendum on equal rights for same sex and cohabiting couples even though they contribute more tax wise than married couples, oh wait, the penny just dropped.

This is the least relevant argument I've ever heard in respect of legalising same-sex marriage.

pharmaton

miss tickle wrote: »

We all die eventually, no reason to make this easy for them

the restriction on us plebs is more likely to affect my daughter and the rest of them passing through colleges today, they mustn't like this generation at all what with the lack of employment, the jobsbridge schemes, the practical forced emigration and the structured cuts on all sw to recipients under 26 but I suppose they're too busy with the internets to know what's going on really, or even care very much. lolcats, we'll be ok.

theblaqueguy

The rich get richer and the poor get poorer nothing surprising here.
All they do is look out for themselves and don't give a fvck about anyone else the selfish pricks!

Lapin

Match update - Live from Kildare Street

Latest Score, Public Sector 115,000 - Private Sector 0

Red Cards, Public Sector 0 - Private Sector 450,000 (With 60,000 leaving the arena altogether).

Frees, Public Sector, Shítloads - Private Sector, Fúckall

Referee : E. Kenny
Assistants : M. Noonan & E. Gilmore

miss tickle

pharmaton wrote: »

the restriction on us plebs is more likely to affect my daughter and the rest of them passing through colleges today, they mustn't like this generation at all what with the lack of employment, the jobsbridge schemes, the practical forced emigration and the structured cuts on all sw to recipients under 26 but I suppose they're too busy with the internets to know what's going on really, or even care very much. lolcats, we'll be ok.

Let's face it , most of those making decisions are reaching retirement age, do you really think their priority is the next generation, or does the conservation of their future personal entitlements take precidence. My money is on the later.

miss tickle

Lapin wrote: »

Match update - Live from Kildare Street

Latest Score, Public Sector 115,000 - Private Sector 0

Red Cards, Public Sector 0 - Private Sector 450,000 (With 60,000 leaving the arena altogether).

Frees, Public Sector, Shítloads - Private Sector, Fúckall

Referee : E. Kenny
Assistants : M. Noonan & E. Gilmore

AHHHHHHHHHHHHHHHHHHH Keno, where are you when we need ya.:)

miss tickle

theblaqueguy wrote: »

The rich get richer and the poor get poorer nothing surprising here.
All they do is look out for themselves and don't give a fvck about anyone else the selfish pricks!

You seem surprised, when has it been any different?

theblaqueguy

miss tickle wrote: »

You seem surprised, when has it been any different?

Not surprised at all as I said in my previous post "nothing surprising here "
More money for public sector while the private sector get fvcked

pharmaton

miss tickle wrote: »

Let's face it , most of those making decisions are reaching retirement age, do you really think their priority is the next generation, or does the conservation of their future personal entitlements take precidence. My money is on the later.

Have politicians ever had anything but contempt for the proletariat ? Sow up your pockets Noonan is doing so very cleverly at the expense of the youngest generation. Of course they will retire comfortably and to be fair I wouldn't have an issue with it if they weren't so hell bent on making sure no one else does.

miss tickle

pharmaton wrote: »

Have politicians ever had anything but contempt for the proletariat ? Sow up your pockets Noonan is doing so very cleverly at the expense of the youngest generation. Of course they will retire comfortably and to be fair I wouldn't have an issue with it if they weren't so hell bent on making sure no one else does.

They are elected on trust, there should be some legislation whereby if their decisions are in their own self interest or in those of a minority which does not benefit the majority, these decisions can be overturned subject to independant scrutinisation, I would say in a court of law, but hey who're we kidding!

pharmaton

miss tickle wrote: »

They are elected on trust, there should be some legislation whereby if their decisions are in their own self interest or in those of a minority which does not benefit the majority, these decisions can be overturned subject to independant scrutinisation, I would say in a court of law, but hey who're we kidding!

welcome back

miss tickle

pharmaton wrote: »

welcome back

Sorry, hectic day, (still working), but on the up side, I invested in some magic beans which might give a better return than my pension.:)

pharmaton

miss tickle wrote: »

Sorry, hectic day, (still working), but on the up side, I invested in some magic beans which might give a better return than my pension.:)

no worries, I've been busy killing things in guild wars while contemplating my identity.

miss tickle

pharmaton wrote: »

no worries, I've been busy killing things in guild wars while contemplating my identity.

Now there's a platform that would be useful in future GE's.:)

pharmaton

I overheard something on the news about the beans, sounded funny though. Can you build houses with them?

miss tickle

pharmaton wrote: »

I overheard something on the news about the beans, sounded funny though. Can you build houses with them?

Just checked the packet, yep, these are defined benefit magic beans, so Yea I reckon if I was retiring in the next five years, I could squeeze on a large extention.

pharmaton

hahaha gas. tell me, are you working on a phd in sustainable development atm?

danniemcq

Pharmaton and miss tickle try and keep on topic or take it to PM

pharmaton

danniemcq wrote: »

Pharmaton and miss tickle try and keep on topic or take it to PM

magic beans would actually solve all the worlds poverty problems practically over night.


(I realise it sounded like a private conversation but it was a reference to current issues in the news related to the topic)


I'd vote for Miss Tickle in the next GE anyway, she has the magic beans.

SEPT 23 1989

how do these patriots survive on 115,000?

Son Of A Vidic

Lapin wrote: »

Match update - Live from Kildare Street

Latest Score, Public Sector 115,000 - Private Sector 0

Red Cards, Public Sector 0 - Private Sector 450,000 (With 60,000 leaving the arena altogether).

Frees, Public Sector, Shítloads - Private Sector, Fúckall

Referee : E. Kenny
Assistants : M. Noonan & E. Gilmore

Post of the day.