The State’s public service pension liability currently stands at €114.5 billion

Ireland“The State’s accrued liability for 298,000 serving public servants, and 155,000 who have already retired, currently stands are €114.5 billion. The figure, released in the Department of Public Expenditure’s latest actuarial review of its pension liabilities in respect of public service workers, represents the current value of all future payments to both former and current staff …” (more)

[TheJournal.ie, 19 December]

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