Tag Archives: termination pay

This afternoon.

Freedom of Information sleuth, journalist with Right To Know and Noteworthy Ken Foxe tweetz:

Termination pay for TDs who lost their seats or didn’t run again in the last general election.

All told, around €586,000 in payments in termination lump sums and termination pay. This doesn’t include pensions, which haven’t kicked in yet.

Termination pay is payable for up to twelve months depending on how long a politician has served in the Oireachtas.

It’s calculated at 75% of salary in the beginning, falling to 50% after a certain amount of time.

Good times.

Here’s exactly how it works:

The figures were provided by the Houses of the Oireachtas in response to a Freedom of Information request from Right To Know.

It’s open to TDs to gift all or part of the payment back to the state. Such details aren’t provided under FOI and are considered personal information.

Jaykers.

Ken Foxe