Mary Lou McDonald (Dublin Central, Sinn Fein)

The Trident report said, as the Minister acknowledged, that members would pay more to the scheme in contributions than they would receive from its benefits. In fact, the report goes on to say that teachers would be better off to opt out of the pension scheme. The Minister said he has spoken with the teachers' unions. Has he identified for them the flaw in the Trident report and, if so, what was their response? So far as I know the teachers have not accepted the Minister's analysis that the pension is watertight. They appear to be of the view that Trident got it right.

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