Severance For A Job Well Done

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Political pensions and lump sums for former TDs, Ministers and Senators have cost nearly €2 million every single month over the past year and a half.

An estimated €32.7 million has been spent by the Oireachtas and Department of Finance since January 2011 on pensions for former politicians. The cost includes more than €9.5 million paid in lump sums (some above) to the record number of public representatives who retired after the last election.

Crikey.

In fairness Michael Squee, Ciaran Cuffe, Gay Mitchell, Eithne Fitzgerald, Proinsias de Rossa and Maurice Manning “gifted their pension entitlements back” to the state.

Political Pensions: The Cost( Story.ie)

Thanks Ken Foxe