Chief Justice discusses pension concerns with taoiseach

The Chief Justice John Murray has met with Taoiseach Enda Kenny and voiced concerns about the impact a new cap on public sector pension funds might have on judges’ retirements.

By Jennifer Wade Tuesday 26 Apr 2011, 9:56 PM

Apr 26th 2011, 9:56 PM 1,623 Views 0 Comments

https://jrnl.ie/127014

Chief Justice John L Murray.

Image: Niall Carson/PA Archive/Press Association Images

Chief Justice John L Murray.

Image: Niall Carson/PA Archive/Press Association Images

CHIEF JUSTICE John Murray has met with the taoiseach to discuss the impact that changes in tax might have on judges’ pensions.

Murray met with Enda Kenny last Thursday for a courtesy visit and raised the issue then, RTÉ reports.

Up until 2005, those working in the public sector were able to avail of significant tax relief on accumulated pension funds – and some of those working in the higher echelons of the public sector created pension funds worth millions.

The latest budget saw such funds capped at €2.3 million.

High earning public sector workers will now be forced to pay tax on any surplus funds in their accounts within three months after retirement.

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Chief Justice discusses pension concerns with taoiseach