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Minister for Public Expenditure and Reform Brendan Howlin Sam Boal/Photocall Ireland
Chaching

Dozens of retired civil servants receive pensions worth €100k

Minister Brendan Howlin has revealed that 35 receive pensions worth €100,000, with five of those being €118,000.

THE GOVERNMENT HAS revealed that 35 former senior civil servants receive pensions worth more than €100,000.

Five of these are worth €118,000, excluding reductions introduced in 2010.

Minister for Public Expenditure stressed that these pensions, costing the state more than€3,750,000 per year, represent just 2 per cent of the 16,228 civil service pensioners.

He added that 79 received pensions of this value in 2011.

These €100,000 pensions exclude the Public Service Pension Reduction (PSPR).

This applies to public service pensions over €60,000, with a tiered set of bands of rates to a maximum of 20 per cent, increased from the initial 12 per cent.

“Public service pay cuts under the FEMPI legislation, including those made by this Government, have impacted progressively so that higher earners have taken the hardest hit,” Minister Howlin said.

The average pay cut imposed has been around 7%, but this extends to more than 20% for the highest earners, including a limited number of senior civil servants.

The figures were revealed in a parliamentary question by Fine Gael TD Brendan Griffin.

Here’s the full list:

  • 2 receive €100,651.50
  • 1 receives €102,145.73
  • 1 receives €104,361.49
  • 1 receives €104,815.35
  • 1 receives €105,039.21
  • 1 receives €106,078.25
  • 23 receive €107,228.63
  • 5 receive €118,642.80

Total: 35 receive €3,783,215.52

Read: 92 NAMA staff earned over €100k last year, four earned over €200k >

More: Gross total expenditure for public service to amount to €53bn for 2014 >

Column: People will access pension funds early in the UK… will the same happen here? >

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