How much?
Ken Foxe, writes:
Nine former senior staff of the Health Service Executive were paid lump sums in excess of €400,000 when they retired from their jobs.
The nine pensioners were among 232 HSE employees who have walked away with golden handshakes worth more than €160,000 over the past six years.
Even at the most conservative estimate, these enormous lump sums have cost the taxpayer €58 million…
The 232 former staff are also entitled to generous pensions, with 16 of them in receipt of annual payments worth between €125,000 and €139,000.
Another 78 are paid at least €100,000-a-year in their pension, according to figures obtained under the Freedom of Information Act from the HSE.
Nine HSE pensionsers received lump sums worth more than €400,000 on retirement while 16 get annual pensions of over €125,000…(more at link below)
People pay into their pensions so they are entitled to get like…. their pensions?
And some ppl don’t, but yet get a pension. Called defined benefit.
Nonsense.
There is no “paying into a pension” that in any way goes to fund this gravy train in the HSE. These pensions are paid from current taxation. Your tax euros at work.
Thats half true. Hse staff are forced to pay into a pension.
You forgot that your troll character hates all rich people.
So what? This is standard for public service pension schemes and these are not clerical officers.
No, they are not junior, but senior staff. The HSE is a shambles, and they are the people who presided over the shambles and then walk away with €1m in pension every 8 years. Does that not ring hollow? Where is the accountability of value for the tax payer ?
i hate how this country is run. if we had a brilliant health service, this would be in SOME way excusable.
12% of the population, half a million people, one person in every eight, is on a public hospital waiting list at the moment.
16 people did X while 9 others did Y. There were 232 others each assigned a random letter from theses three H, S, E.
The clock starts now… you have 14… no wait, you have 12 numberwang-parsecs to find a value for P.
GO!
Let them eat pi
Shameful and they know it. Let them have their ill-gotten gains.
Were they brain surgeons, a lifetime of learning, experience and service in this country?
And the income on their annual pension will be taxed like normal income.
http://www.citizensinformation.ie/en/money_and_tax/personal_finance/pensions/taxation_of_pensions.html
since they worked in the HSE there is a reasonable chance that they were brain surgeons… or possibly just ordinary surgeons.
Pensionese Sturgeons…. tasty!
Don’t be jealous of the gravy. Find your own.
That’s written on our flag.
Im not making any judgement , contracts are contracts, but If I were a clerical officer expecting to collect my pension in 20yrs time , I would certainly have a few sleepless nights from time to time worried about pension payouts at to top of my sector eventually forcing a change to the system.
Unsustainable systems are unsustainable …
September 2008, we were very close to game over for some of these contracts , amongst other things, it seemed inconceivable in 2007 that a country like Ireland could ever default , I dont feel that confident anymore…
What’s the problem. They are consultants retiring based on up to 40 years service and a basic salary of €170k pa plus allowances. They pay for their pension firstly. Secondly there is a sliding scale of reduction in pensions for high earners called PSPR that will apply. Also lump sums of that level are not tax free.
From working in private sector pensions industry, at the upper end of the scale, these pensions would also not be unusual.
the problem is, its excessive. its far too much. the lump sum is entirely unneccessary. and the problem.. something which people like you would never thinka bout .. is that it’s money that could be used to help with a very broken health service.