Thursday February 27, 2020

Public service pension costs put dent in Croker ‘savings’

Government claims of huge savings to the exchequer as a result of the Croke Park agreement are greatly exaggerated because they ignore increased public service pension costs.

18th June, 2011

Government claims of huge savings to the exchequer as a result of the Croke Park agreement are greatly exaggerated because they ignore increased public service pension costs.

Almost €300 million in savings in public sector pay that the government claims to have made under the Croke Park agreement do not take account of the pensions that retired public servants must be paid. Nor does it take into account the upfront costs of pension lump sums...

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