Given we have an ageing population and many young are now emigrating the public sector pensions have become unsustainable and unjustified. Eddie Hobbs was shouted down on "the Frontline" for mentioning the 100billion already accrued for future public sector pension and with the massive recruitment into PS over past decade this figure will rise much much higher before its peak. The new fat cats of Ireland might find their gold plated pension cant be paid in years to come. I know as a young non PS worker i am not hanging around here to pay massive taxes to keep them on bubble era pay and pensions.
. . . and its pension costs - The Irish Times - Mon, Jan 11, 2010