Fianna Fáil to publish legislation to reduce bankers’ pensions
What will the FG/Lab reaction be? Welcome it with open arms or bin it?FIANNA FÁIL IS to publish special legislation tomorrow to reduce the pensions paid to senior executives in Irish banks.
Fianna Fáil spokesperson on Finance, Michael McGrath, will give the full details on the provisions of the legislation tomorrow, but it is believed it will cover both the pensions of current senior executives and former senior banking executives.
And interestingly, FF are not proposing to include senior civil servants and politicians - I wonder why?