Teacher exodus feared over changes to their pensions [IrishExaminer]

THOUSANDS of teachers could be lost to early retirement next year because of threatened changes to public service pension arrangements, a union has warned.


Finance Minister Brian Lenihan’s budget speech outlined that future pension increases may be linked to cost of living rises rather than the current arrangement linking them to increases in public service pay. But changes will not affect those public servants who retire during 2010, he said.


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