Seanad debates
Thursday, 19 July 2012
Public Service Pensions (Single Scheme and Other Provisions) Bill 2011: Committee and Remaining Stages
12:00 pm
Thomas Byrne (Fianna Fail)
There seems to be a disparity between the proposed cap on salaries of €100,000 and the cap on pensions of €60,000. That does not take into account the averaging of salaries, which I think is a good way of imposing a cap because it will prevent people from coming near the cap. The Sinn Féin figure for the cap is too high; very few will be affected by it. If Sinn Féin had its way and salaries were capped at €100,000 per year no one would qualify for a pension of €60,000.
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