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16/10/2012
Taxpayers Funding Lucrative 'Golden Handshake' Payouts
Lump sum payments of more than €400,000 plus annual pensions of up to €125,000 a year are being paid to retiring hospital consultants, it is revealed today.
The lucrative pensions and golden handshakes have been disclosed as senior doctors continue to resist changes to their work rosters designed to give patients more access to out-of-hours care.
New figures show that the Health Service Executive (HSE) spent at least €10m on lump sums for 35 consultants who retired last year; four received €400,000 and 26 more got in excess of €300,000.
Another doctor got a golden handshake of almost €415,000.
They also receive an annual six-figure pension which means that some senior doctors who retired last year got a windfall of more than half a million euro.
Details of the lucrative packages for medical consultants have been released under the Freedom of Information Act as the HSE grapples with the thorny issue of pay and rostering for its most senior staff.
The cost of pay and pensions is a huge burden for the health service which is stumbling towards a half-billion budget deficit this year.
Like other public servants, the pay of consultants cannot be touched under the terms of the Croke Park Agreement. But Health Minister James Reilly has warned that those who continue to resist change will risk putting themselves outside of that protection.
(H)
The lucrative pensions and golden handshakes have been disclosed as senior doctors continue to resist changes to their work rosters designed to give patients more access to out-of-hours care.
New figures show that the Health Service Executive (HSE) spent at least €10m on lump sums for 35 consultants who retired last year; four received €400,000 and 26 more got in excess of €300,000.
Another doctor got a golden handshake of almost €415,000.
They also receive an annual six-figure pension which means that some senior doctors who retired last year got a windfall of more than half a million euro.
Details of the lucrative packages for medical consultants have been released under the Freedom of Information Act as the HSE grapples with the thorny issue of pay and rostering for its most senior staff.
The cost of pay and pensions is a huge burden for the health service which is stumbling towards a half-billion budget deficit this year.
Like other public servants, the pay of consultants cannot be touched under the terms of the Croke Park Agreement. But Health Minister James Reilly has warned that those who continue to resist change will risk putting themselves outside of that protection.
(H)
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