Five teachers net over €150k each in pension payouts

Five secondary school teachers last year received lump sums of between €150,000 and €200,000 in a pensions bonanza.

Figures provided by the Department of Education in response to a Freedom of Information request show one retired teacher received a lump sum of €165,974.

The tax-free sum was the top amount paid out to a retiring teacher in the primary and post-primary sector last year — the highest amount received by a primary school teacher was €143,672.