The key to this issue is whether the ESB will be able to pay pension contributions in 10 or 20 years time. It would be a bitter irony if the dispute itself has made the company weaker and less able to meet those commitments.
The Irish Bank Officials Association is now telling its members at IBRC to cooperate with NAMA if they are interested in roles there having previously said it was “imperative” that they did not cooperate.
Since the bank formerly known as Anglo Irish Bank was liquidated last month ordinary workers have been left in the dark as to their fate and that of redundancy packages they’d agreed prior to ‘promnight’. Here, an employee speaks out…
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