Oireachtas Joint and Select Committees
Thursday, 23 May 2024
Public Accounts Committee
2022 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 35 - Army Pensions
Vote 36 - Defence
Report on the Accounts of the Public Services 2022
Chapter 12: Stock Management in the Defence Forces
9:30 am
Ms Jacqui McCrum:
Including retirements. People can leave at different times. With the Defence Forces, they get a fast accrual pension so they can leave at a much earlier age than people in different parts of the corporate world. Recently the Tánaiste extended the retirement age to 60 so they retain the fast accrual up to the age of 60. This has been very much welcomed by the representative associations and personnel because they now see that their careers can be longer. Hopefully, we will see some change in exits over the coming months.