ESB: Charged atmosphere over opposing pension claims

Is the dispute at ESB about workers earning an average of €65,000 per year threatening to turn off the power for thousands of pensioners at the height of the winter because their gold-plated pensions are not 100% guaranteed?

ESB: Charged atmosphere over opposing pension claims

Or is it about a company, reputedly on course to take in €620m in profits next year, refusing to prop up a pension scheme which, if wound up, would see workers receiving a pension of just €13 per week after 30 years of service? Unsurprisingly the two sides in the dispute have very different perspectives.

The ESB pension scheme has been in difficulty for a number of years, but stringent measures agreed in 2010 appeared to offer a viable solution to the €2bn deficit.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited