If you would like to submit a contribution to our Readers Blog section then follow this link. Be sure to include your full name, address and contact number otherwise your submission will not be considered for publication. We will contact you prior to publication.
IN a letter to your paper (May 21) from Mary Harris you gave the headline “Pension Levy is morally wrong”.
In last Friday’s edition (May 27) Colm Rapple’s article is headed ” Controversial pension levy not nearly as taxing as feared”.
Having read both contributions I can understand the logic in Ms Harris’s contribution.
On the assumption that her ratio of pension fund to pension of 15 to 1 is correct, the levy will result in a 9% deduction, on pensions in payment, annually for the next four years.
As I cannot understand Mr Rapple’s reasoning, I would suggest that he revisits the matter again. It is vitally important that members of pension schemes take a critical look at the implications of the levy and ensure that their trustees and administrators are instructed to test its legitimacy through the courts.
© Irish Examiner Ltd. All rights reserved