Dáil Éireann Debate, Wednesday - 18 May 2011
103 Deputy Aodhán Ó Ríordáin asked the Minister for Education and Skills the position regarding pension arrangements in respect of a person (details supplied) in Dublin 3; and if he will make a statement on the matter. [11989/11]
Amharc ar fhreagraThe Financial Emergency Measures in the Public Interest (No. 2) Act 2009 provided the legal basis for a reduction in public servants pay, effective from 1 January 2010, while Section 3 provided that the reduction in pay under the Act would be disregarded for the purpose of calculating the public servant's pension and lump sum for those who retired in 2010. The period of disregard was later extended to 29 February, 2012 by Statutory Instrument (Number 80/2011) made by the Minister for Finance.
Accordingly, any public servants, including teachers, who are eligible to retire and do so no later than 29 February 2012 will have pension benefits calculated on the pre adjusted pay. Any proposal for extending further the period of disregard is a matter for my colleague the Minister for Finance.
