Public sector not paying its way [Independent.ie]
- Published: 11 May 2010
I suspect that Sean Fallon's figures don't add up ('Public sector paying its way', Letters, May 10).
The ASTI website mentions a contribution of between 3.5pc and 5pc and the INTO has a salary/pension calculator but it is password protected. What have they got to hide?
But let us run with Mr Fallon's mythical 21pc and apply it to a primary school teacher with 20 years' service who is on about €52,000 a year.
They can expect a half pension of €26,000 and are paying, according to Mr Fallon, 21pc for the privilege. So 21pc of €52,000 is €11,000, or €210 a week, for their pension.
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