Written answers

Thursday, 23 June 2011

Department of Finance

Public Sector Staff

6:00 pm

Photo of Aodhán Ó RíordáinAodhán Ó Ríordáin (Dublin North Central, Labour)
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Question 49: To ask the Minister for Finance the type of early retirement packages available for those working in the public service; and if he will make a statement on the matter. [16841/11]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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There are no early retirement packages available currently in the Civil/Public Service. The only provision available for early retirement is the Cost Neutral Early Retirement (CNER) Scheme which has been in operation since April 2005. The scheme permits persons who are within ten years of their preserved pension age (which is generally 60 or 65) to make an application to be allowed to retire with immediate payment of superannuation benefits on an actuarially reduced basis. As part of the programme to correct the public finances, the Government is committed to reducing numbers in the Public Service in the period to 2015 and is currently carrying out a comprehensive review of expenditure to examine all areas where savings and numbers reductions might be identified. Part of the overall policy on Public Service numbers may involve voluntary staff exit mechanisms, and the options in this regard will be considered by the Government in this overall context when the review is completed in the Autumn. Any such scheme would be carefully targeted to protect front-line services.

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