Diaramiud Kelly from PIBA was on Morning Ireland this morning talking about how €8 billion was going towards public sector pensions from the private sector, despite only 40% of the private sector themselves having pensions. It reminded me of comments by Paul McDonnell who said on Matt Cooper a few months ago that for a private sector worker to get the same pension benefits as a public sector worker, they'd have to pay the maximum amount into their pension from the age of 18.

I've followed up with PIBA to get their press release, here it is below.

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Some massaging of stats there by PIBA I'd say.
However, no doubt that the pension levy introduced by Lenihan was another typical FF dodging the issue.
The defined benefit pension scheme is an unbelievable perk and the levy introduced was only a fraction of what was required to reflect this!

Tis all lies, lies I tells ya.

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The enemy of my enemy is the enemy of my enemy.

Once is happenstance, twice is coincidence, three times is enemy action.

There are lies, damn lies and debatable points. "I'm not shouting, I'm making an assertive point." M. Martin

I suggested on another thread last week that maybe the public sector workers could agree to lose their pensions as they are now and contribute to pensions lin the same way as private sector workers. the pensions levy could be abolished and the playing field would be levelled for all workers and then wage rates could be compared.
I am still waiting for takers.

Absolutely bloody seething at this. Is there anything in this god forsaken country which the private sector worker, even some of the lowest paid, are not paying public servants for. These figures are obscene. Almost foaming at the mouth with rage. It just gets worse doesn't it.

And people wonder why there is a Public/Private Sector divide..

What about those private sector workers who have lost a lot of their pensions because of the stock market crash. I know a lot of people who are near retirement age putting more of their salary into their pension so they won't be living oin poverty when they retire.

Is someone from the public service going to urge us not to let "them" divide the workers. Because that is one hell of a dividing line right there.

€4bn to fund social welfare pensions? Public sector social welfare pensions?
And €2.3bn on top of that?
Are public sector pensions now 60% social welfare?

I'd love to see this report.

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Em, PS workers don’t get social welfare pensions, this is the state pension that every private sector worker gets.

In fact the only bit relevant to PS pensions is this €2.3 billion to fund retirement payments to public servants

So no, the private sector does not pay 8 billion annually to fund PS pensions.

The reason 60% of Private Sector workers do not have a pension is the fault of employers and no one else. This is a simple fact conveniently over looked by their mouth pieces in PIBA.

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