Dempsey becomes latest FF retiree... but €316k windfall will soften blow

TRANSPORT Minister Noel Dempsey stands to earn a €316,000 windfall in the first year after his retirement and an annual pension of €134,000 after that.

The Meath West TD announced yesterday he will step down at the election after 13 years as a senior minister and 33 years as a public representative.

It is more lucrative for Mr Dempsey to go now, as he would have earned only €98,400 as a TD if he had returned to the opposition benches in the Dáil after the election.