Top-ups to swell public sector pension bill
A lack of information on 'added years' is most pronounced in the voluntary hospitals, but there are also data gaps on the true cost of pensions in semi-state companies, councils and third-level universities and colleges
The €114 billion public sector pension bill is set to grow even bigger due to lavish pension top-ups.
Many staff in the voluntary hospital sector have topped up their pensions over the years by buying ‘added years’, or in some cases getting them for free.
But when they move to a different job in the health service, there is no centralised register to track what the overall...
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