Oireachtas Joint and Select Committees
Wednesday, 25 January 2023
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
General Scheme of the Industrial Relations (Provisions in Respect of Pension Entitlements of Retired Workers) Bill 2021: Discussion
Dr. John M. Hearne:
I am not sure what the intricacies were but in the Waterford Crystal case, the average was 82%. Some with less service and fewer contributions got 90%. Others with greater contributions and longer service got 82% but the balance was made up in the lump sum because they got €1,200 per year for their service. Basically, everyone got the same.
No comments