Colm Mc Carthy points out how AIB DB pension fund would have gone under without the recapitalisation provided by the taxpayer.
When this was being planned how is it that no provision was made for preventing taxpayer money from being used to
fix the underfunded DB pension scheme in the bank.
Is it credible that this could not have been forseen?
AIB now contribute only 5% for their DB scheme as the gap has been made up by the taxpayer.
How can citizens stand by and and watch cuts to home help for the elderly and massive new taxes imposed on struggling families?