An Bord Snip: Public Sector Pensions

Ireland“For all its amazing level of detail (farewell then, Newfoundland-Labrador Partnership p204 Vol II), there are a couple of issues where An Bord Snip Nua puts some hot potatoes on the table and then kicks to touch (to mix the metaphors). Public sector pay was outside its remit but it the report aims particular fire at public sector pensions noting that on an accrual basis they account for €7.7 billion of expenditure — the annual incurred costs for future pensions is over twice the cash cost of existing pensions …” (more)

[Irish Election, 16 July]

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