IBEC calls for ending of pay parity link in Irish public sector pensions that gives them a six-star standard status
Jan 15th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
IBEC, the Irish business lobby group, today stated that as part of the Government's effort to reduce public expenditure the cost and liability to the tax payer of public service pensions must be reduced. IBEC calls for the pay parity link, where public servants are guaranteed pensions based on the ongoing salary of the job they held, be ended. The current system could be termed a six-star standard status.