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Seanad: Pension Provisions. (30 Jun 2005)

Tony Killeen: ...in that members receive the benefit in the form of a gratuity which is tax free in most instances and which they can use, if they wish, to purchase a personal pension, whether by way of an annuity, PRSA or otherwise. I am satisfied that the retirement gratuity is the superannuation arrangement best suited to the particular circumstances of local authority members. Accordingly, the...

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