Defence Forces facing 'looming retention crisis' over removal of supplementary pension

The supplementary pension, which was provided to members between the mandatory retirement age of 62 and the State pension age, was removed in 2013.

The supplementary pension, which was provided to members between the mandatory retirement age of 62 and the State pension age, was removed in 2013.

The Defence Forces is facing a “looming retention crisis” over changes made for new recruits in 2013, which removed a supplementary pension between retirement age and State pension age.

The annual conference of the Representative Association of Commissioned Officers (Raco) heard that in the first class of recruits in 2013, more than 50% have left the organisation after serving 12 years — with the pension problem cited as the reason.

You have reached your article limit. Already a subscriber? Sign in

Save €40 on an Annual Subscription.​

Continue reading within unlimited digital access and exclusive subscriber benefits.

Cancel anytime

More in this section

Lunchtime News

Newsletter

Get a lunch briefing straight to your inbox at noon daily. Also be the first to know with our occasional Breaking News emails.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited