Mary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

That salary is the kind of money that we in this State reserve for retired bankers and politicians. Last night, we heard the news that the former AIB chief, Mr. Eugene Sheehy, bowed to public pressure and agreed to reduce his pension to a paltry €250,000 per year. This is the kind of money that the average citizen would only see if he or she was lucky enough to win the lotto. What further steps will the Government take to tackle these pensions? Will it ensure that other retired bankers take similar cuts, for example, former directors of AIB, Anglo Irish Bank, Irish Nationwide, Bank of Ireland and Permanent TSB? What about the holders of ministerial pensions? Some are still in full employment, for example, Mr. Pat The Cope Gallagher-----

See this speech in context