Verona Murphy (Wexford, Independent)
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Mr. Fraser was advising on this basis. This is public money. We are here to ascertain how much. The increase is €81,000 per annum but it equates to hundreds of thousands in pensionable benefits over and above an external candidate because he is an existing civil servant. If we look at the 40 years' service rule, it turns into hundreds of thousands of euro. Is this correct?