Lenihan says total cost of State pension for an Irish public sector worker hired after 2004 is 26.1% of pay
Feb 18th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The Minister for Finance Brian Lenihan said on Tuesday that the total cost of a State pension for an Irish public sector worker, hired after 2004, is 26.1 per cent of pay, and the employee pays on average 4.8 per cent of the cost, before the introduction of the Government’s controversial pension levy.