Seanad debates

Thursday, 28 November 2013

Social Welfare and Pensions (No. 2) Bill 2013: Committee Stage

 

1:40 pm

Photo of David NorrisDavid Norris (Independent) | Oireachtas source

The final example concerns someone who is now aged 61 and who left in 2013 with 40 years service and a final retiring salary of €81,160. The expected pension will be reduced from €57,353 to €31,000. One could probably live on that but it represents a loss of 44.4%. I apologise to the Minister for not presenting her with the details. Before I leave, I will ask my colleagues in the next office to photocopy the documentation and give her a copy.

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