2014 before changes kick in

THE public service pension arrangements announced by Brian Lenihan yesterday will barely apply before 2014 given that it only applies to new entrants and there is a staff recruitment ban for the next four years.

For those who will be subject to the scheme there are a number of facets to it which make it substandard to the scheme for existing workers.

From 2010 onwards entrants to the pension scheme will be subject to: