‘Poorer’ Ross blasts INM over planned cuts to pensions

Transport Minister Shane Ross has said he is “not very happy” at the prospect of being “a lot poorer” due to losing a large part of his pension from Independent News and Media (INM).

He blasted the proposed cuts to the pensions of existing and former staff as “unfair” and “unreasonable”.

The country’s largest media group has found itself at the centre of a major controversy over its decision to cease payments into its defined benefit pension scheme.