Unfair pensions
Now the Minister has announced a further tax from 10% to 20% on all private pensions above €12,000 per annum.
Most people with private defined pensions had to contribute for 30 to 40 years to earn their defined pension.
Government ministers are all entitled to a full pension after a couple of years and may also be entitled to a TD’s pension for the years they were serving as a TD.
We might be in a recession at the moment, but it looks like t won’t affect certain high earners.