18/02/2009

Pension Levy Proposals Published

Details of the controversial public sector pension levy proposals are to be published after being approved by the cabinet yesterday.

The legislation is expected to result in the imposition of pension levies ranging from 3% to almost 10% on all public-sector workers.

Finance Minister Brian Lenihan defended the controversial levy in the Dáil last night during a debate on a Labour Party motion calling for the measure to be suspended.

Yesterday, Roisin Shortall, Labour's Spokesperson on Social and Family Affairs said the Levy was deeply unfair on low-paid workers.

"The Government has made great play of the fact that 'we are all in this together'. But clearly this is not the case," the TD said.

She added: "Yes, civil and public servants have, in most cases, secure employment. But they have based their mortgages and outgoings on this employment, and security is worthless if the wages don't pay the bills."

Mr Lenihan, however, insisted that the levy was justified because public-sector workers have secure jobs and generous pensions.

The Civil and Public Service Union and the Garda Representative Association are both planning to hold protests outside the Dail today to highlight their anger over the levy.

(DW/BMcC)

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