Clarity on pension funds [IrishTimes]
- Published: 17 May 2011
Madam, – In reply to Messrs Flanagan, Bell and Moloney (May 13th), may I state the facts about public service pensions? I am a retired community school principal.
1. We paid for our pensions throughout our working careers. 2. My pension and those of my retired colleagues have been reduced by payment of public service pension reduction and pension levy since January 2011. 3. When the current pension was being negotiated we, in the ASTI, proposed that our contributions be put in a managed fund. This was not accepted by Finance. I was one of the delegation that proposed this some 45 years ago.
These are the facts. – Yours, etc,
PADRAIG HEERAN,
Stillorgan Wood,
Blackrock, Co Dublin.
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