Paying for staff redundancies

Early retirement schemes in the HSE may not be paying off for the State, says Juno McEnroe

SAVINGS clawed back from early retirement packages for public service workers are “questionable” and may only amount to a third of the gross cost of a full time post, a critical report on the health sector argues.

The Public Accounts Committee report, obtained by the Irish Examiner, says that potential savings for each person retiring early are actually only a fraction of the post’s costs when pension and lump sum payments are accounted for.