Of these, seven have agreed to take a 15 per cent cut with Coillte the only agency to refuse. The latest shocking figures come as forestry body Coillte continues to resist the Government's request for its chief executive to take a 15 per cent pay cut.įive months ago Minister for Public Expenditure and Reform Brendan Howlin asked the chief executives of commercial semi-states to take a 15 per cent pay cut where their salary was above €250,000.Įight agencies came in above the pay ceiling.
Leonie Lunny, the former boss of the Citizens Information Board, received a pension lump sum worth €185,370 and is in receipt of an annual pension of €51,518.
SHEER LUNACY FREE
Get ahead of the day with the morning headlines at 7.30am and Fionnán Sheahan's exclusive take on the day's news every afternoon, with our free daily newsletter.Įnter email address This field is required Sign Up They are totally out of synch of where the country is," he said.įigures released by various government departments reveal that - despite the country's economic demise - a procession of semi-State bosses have received large retirement packages and will enjoy substantial pensions for the rest of their lives, all funded by the taxpayer. "I have a big problem with An Bord Pleanala and these payout figures are startling. Speaking to the Sunday Independent, Pat Deering, Fine Gael TD for Carlow-Kilkenny, said such a payout to the head of a faceless organisation that is badly in need of reform was "totally startling". In Mr O'Connor's case, he received a lump sum payout of €364,617 when he stepped down and will receive an annual pension of €121,539 for the rest of his life.
SHEER LUNACY PLUS
Such norms dictate that a person retiring receives a large tax-free lump sum of one-and-a-half times their final salary, plus an annual pension worth half of that salary. He said the zoning of land for housing estates, apartment blocks and shopping complexes that were too large and too remote was one of the greatest failures in Irish planning.īefore his retirement, Mr O'Connor was paid at the same level as a High Court judge and his pension payout is in line with "public sector norms". Mr O'Connor stood down from his post at An Bord Pleanala earlier this year, after admitting he regretted the board did not, in recent years, take a stronger stand against the worst excesses of the building boom.
SHEER LUNACY SERIES
The series of payments to semi-state bosses has been branded as "sheer lunacy" by government TD Pat Deering who has called for such excessive payments to be taxed. Today we reveal new figures which detail the extraordinary level of pension payments being provided to a host of recently retired semistate bosses, top civil servants and former office holders. The revelation of his payout is the latest in a succession of such bonanzas which have caused public outrage at a time when €3.8bn in spending cuts and tax increases loom large in the upcoming Budget.
The recently retired boss of An Bord Pleanala, John O'Connor, received a golden handshake pension package worth almost €500,000 - all paid for by the taxpayer.
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