Public pensions twice the price of private ones

Employers and business groups will seek to focus on the value of public sector pay and particularly on pensions, as talks on a new national pay deal begin this week.

4th February, 2006

Employers and business groups will seek to focus on the value of public sector pay and particularly on pensions, as talks on a new national pay deal begin this week.

Figures obtained from the Department of Finance by Chambers Ireland, the chambers of commerce umbrella group, emphasise the differences between public and private sector pensions.

The figures show that in 2004 public sector pensions were about twice as expensive to the taxpayer as non-public sector pensions.

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