Renua Ireland leader Lucinda Creighton has pledged to move new public sector workers onto cheaper pensions.
Her party’s election manifesto, which was published today, states that it will replace the current defined benefit pension for public servants, which usually is with 50 per cent of final salary. Instead there will be a defined contribution scheme which is based on the value of contributions made.
Creighton said the state was facing a colossal financial black...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team