Miners’ pensions to be cut by 10%
According to trade union SIPTU, in recent days 267 Tara Mines pensioners have received a letter from the trustees of the Tara Mines pension fund telling them that, due to the introduction of the 0.6% levy on private occupational pension funds, they must choose to accept either a 10% cut in their pensions for the next four years or a permanent reduction of 2.5% for the rest of lives.
The pensioners have called on the Government to prevent the attempt to cut their entitlements.
