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 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.
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