Union chief: 'ESB are refusing to engage in discussions'
ESB unions voted unanimously to hold a ballot for industrial action over pensions.
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ESB unions voted unanimously to hold a ballot for industrial action over pensions.
The Minister for Finance this week revealed that the former Financial Regulator has taken cuts totalling €24,000 to his pension.
A study by Social Justice Ireland was launched earlier today.
A new survey from Friends Firsts shows 67 per cent have seen a reduction in income. Elsewhere, there’s an increase in the number of people in work investing in a pension.
The growth comes despite the government levy on savings which took almost €500 million last year.
With the number of older people in consistent poverty doubling over just one year, pensioner Gordon* explains what daily life is like for him – and how he fears for the future.
Another EU state had 2,436 individuals earning over €1 million in the same year.
In the Pension Board’s annual report, it also criticised the poor pension administration and expressed concern about low assets for defined benefit schemes.
The final €6 billion left in National Pensions Reserve Fund is to be used to boost employment, says Richard Bruton TD.
Paul Kenny’s report illustrates a significant increase in the number of difficulties experienced by the public.
High commissions charged by financial advisors means there is always a conflict of interest when dealing with clients and many are far too well paid for their efforts, writes David Quinn.
A survey for Standard Life found that the average adult has a pension of about €4,000 per annum to live on.
How pensions work, how to read a payslip, dealing with personal taxes, how to choose and take out a loan (and how to pay it back), these should all be taught in school, writes Sinead Doherty.
The only way to ensure the long-term prosperity of our retirees without burdening our children with unfair taxes is to create a state-backed – rather than entirely state funded – pension system that is means tested, writes Aaron McKenna.
Ten workers win a major case at the European Court of Justice, which says Ireland is responsible for stepping in.
John Martin, who was behind the major OECD study published into Ireland’s pensions timebomb, says private pensions need to start sending regular letters out to people. Here’s why.
Here are the things we learned, loved and shared today…
People are living longer so it makes sense to increase the pension age beyond 68 – so says the man behind today’s OECD report into Ireland’s pensions.
The report, commissioned by Joan Burton, outlines a range of options for reforming and updating Ireland’s pensions systems.
Cuts to teachers’ salaries and increased taxation have left some of my colleagues just making ends meet, writes Carmel Hume.
Good morning. Here are the nine stories you need to know as you start your day.
The government was appointed two years ago today – meaning senior ministers now have enough service for a pension.
The annual pay of ministers and TDs doesn’t come close to recognising the true financial cost of hiring them, writes Sarah O’Neill.
Staff who retire before August 2014 will receive pensions based on the salary they had before the ‘Croke Park 2′ pay cuts.
Trumpeting their success with the promissory note last week, up against the unions this week. We are not out of the woods yet, not by a long shot, writes Kieran Allen.
Politicians are just the same as other public servants – and their expenses should be reduced in line with the sacrifices being made across the country, writes Sarah O’Neill.
Did Irish people get any better at saving in 2012? And how much will the next batch of new TDs pay for a pension?
Current TDs contribute 6 per cent of their own salary towards their pension – but that’ll rise to 13 per cent for any new ones.
In a letter to Taoiseach Enda Kenny, Jack O’Connor says that introducing the 41 per cent rate on pensions over €60,000 sooner would obviate the need for certain cuts.
The reduced USC rate for some of those aged over 70 is to be discontinued, while tax relief on pension contributions will soon only subsidise pension schemes under €60k per annum.
Here are the most notable measures announced by Ministers Howlin and Noonan today.
The Budget is days away and though there has been fewer leaks than last year there’s plenty of speculation. This is what we can expect on Wednesday… definitely, maybe.
New figures also show that half of male retirees have a supplementary pension, but only a third of woman have one.
Today’s business at Leinster House will include a debate on employment rights for immigrants of questionable working status.
Many of the workers who lost their job when Guiney & Co closed down in September had more than 25 years service – but now their pension remains up in the air.
State Street said the individuals involved in improperly taking commission are no longer with the company.
Scrapping mandatory retirement means people can contribute to the economy – and their pensions – for as long as they wish, writes Peter Kavanagh.
Controversy over generous pension arrangements for executives means we risk throwing the baby out with the bathwater.