Teachers attack ‘larcenous’ and ‘unjust’ plans for public pension reform [thejournal.ie]
- Published: 30 September 2011
TEACHERS’ UNIONS are considering a legal challenge to the government’s new proposals for wholesale reform of public pensions, announced by Public Expenditure minister Brendan Howlin yesterday.
The Association of Secondary Teachers of Ireland (ASTI) has claimed the new system – which will see public servants earn pensions based on their career average salary, rather than the wage on which they retired – is “larcenous”.
The union claims that new system means workers will pay more into the public pension fund than they will get back in return – and says it will consider challenging the legislation in courts. The government has disputed the figures.
Full Story: www.thejournal.ie
