Cabinet to cut ministerial pensions after pleas fail

THE cabinet is to finally move to cut ministerial pensions paid to sitting TDs after a hard core ignored pleas to give up the perk voluntarily.

Legislation to cut the payments paid to 30 former ministers still in the Dáil will be introduced by next week following unsuccessful attempts to get them to surrender part of the lucrative bonus of their own volition.

At least four of the ex-ministers boycotted a plea from the Finance Department to discuss cuts in the pension package.