Thursday, 14 December 2017
Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages
I move amendment No. 5:
In page 19, between lines 32 and 33, to insert the following:
“Early pension restoration for retired public servants
28.The Minister shall within three months of the passing of this Act, prepare and lay before the Houses of the Oireachtas a report on restoring all public service pensions by 2019.”.
This amendment relates to early pension restoration for retired public servants. As the Minister of State knows, there is a difference between those who retired after 29 February 2012 and those who retired before that. The differences in their annualised amount of various reductions are significant, with 12% versus 3%. It is quite a big difference and I ask the Minister of State to consider preparing that report.