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Aer Lingus: Continued plans for industrial action “regrettable”

SIPTU said its members are not in a position to withdraw the notice for industrial action until they receive acceptable clarifications on some issues.

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Top execs pension contributions 36 times more than other staff

ESRI research shows companies contribute an average of €100,000 for top executives compared to just €2,700 for other employees.

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UPDATE: Aer Lingus welcomes withdrawal of SIPTU strike threat

Shop stewards from the union at Aer Lingus met today to discuss clarifications of a proposal by employers’ body IBEC and the Irish Congress of Trade Unions.

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Fianna Fáil to publish legislation to reduce bankers’ pensions

The full details of the bill on senior banking executives’ pensions will be given by the party’s spokesperson on Finance, Michael McGrath, tomorrow.

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Column: Why force people to retire at 65, or any age?

Scrapping mandatory retirement means people can contribute to the economy – and their pensions – for as long as they wish, writes Peter Kavanagh.

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Average pension income for retired women 2/3 that of men

New figures also show that half of male retirees have a supplementary pension, but only a third of woman have one.

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‘€20m pension’ for retiring Irish Medical Organisation chief was halved

George McNeice is now entitled to a pension pot of just under €10 million following the announcement of his retirement from the doctors’ representative group yesterday.

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SIPTU welcomes recommendation by Labour Court on Aer Lingus pension dispute

SIPTU said it was still opposed to any attempt by the airline to seek ‘cost offsetting measures’ in return for meeting its responsibility to properly fund the pensions scheme.

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Irish Medical Organisation AGM begins in Kerry amid tensions

The IMO president has said this year’s AGM is more important than many recent conferences.

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Poll: Should weekly State pensions be means-tested?

A report from the OECD due out tomorrow reportedly says that the weekly state pension should be means-tested.

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OECD report recommends mandatory pensions for private workers

The report, commissioned by Joan Burton, outlines a range of options for reforming and updating Ireland’s pensions systems.

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Portugal: 30,000 jobs cuts, working hours increased and pension age rises

The cuts should save an estimated €4.8 billion by 2015.

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Eight things we learned about Sean Dunne from his bankruptcy

Former tycoon’s personal finances were detailed in court documents last week

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Why getting older is secretly the greatest thing ever

There are SO many benefits to advancing years. But, sssh, don’t tell the whipper snappers.

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The 9 at 9: Sunday

Good morning! Here are nine things you want to know as you start your day.

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Poll: Should the old age pension be cut to help reduce the Budget deficit?

If the pension was cut by €10 a week, it could save up to €300m, greatly reducing the country’s Budget deficit. But is it worth it?

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Telephone allowance, maternity benefit and medical cards hit hard in Budget

Brendan Howlin’s announcement of a review of all medical cards was greeted with jeers from members of the opposition parties.

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ESB hits out at ‘inaccuracies’ in reports about pension scheme

Reports over the last couple of days suggested the company had changed the nature of the scheme and failed to tell its auditor KPMG about opposition to the changes from unions.

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Union boss warns that ESB industrial action could hit power supplies

Brendan Ogle says that there is “no doubt” that industrial action would hit services.

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7 things we learned from the CRC’s grilling by the PAC

Contractual obligations, a failing business and a pension fund that doesn’t actually exist – it was an interesting day in Committee Room 3.

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