Hanafin to cling to her '€400,000' pension pot [Independent.ie]

SOCIAL and Family Affairs Minister Mary Hanafin is refusing to give up her old school job as she amasses a teaching pension which would cost her nearly €400,000 if she were a private sector worker today.

Her teaching pension is in addition to the Rolls Royce retirement nest eggs she enjoys as a TD and minister.

Ms Hanafin is heading up the Government's overhaul of the pension system, which will result in thousands of people having to work until they are 68.

She is among eight teacher-turned-TDs who are amassing a combined €3.2m pension pot by refusing to quit their teaching posts.

 

Full Story: www.independent.ie

 

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