Pensions plan is a crime against poorest in society

THE National Pensions Framework document is a crime against the poorest in society committed by the pensions industry with the assistance of the Government.

It’s another major coup for the pensions industry – one million new customers with no promotion costs other than what has already been spent in lobbying the Government.

Giving 8% of the wages of the poorest earners in society, when the employers’ body is looking for a reduction in the minimum wage, is wrong.

Then giving this, without any guarantee of getting a cent in return, to the pensions industry to play monopoly with beggars belief.

Michael Terry

College Grove

Castleknock

Dublin 15