The panel is joined by Gerald Flynn of Align Management Solutions to discuss the proposed Aer Lingus/DAA strike which is scheduled to take place on the Friday of the St Patrick's Weekend. The DAA have applied for an injunction which may just offer the “cooling off” period that’s required. The ESB Pensions Deficit is also far from resolved and may surface again next week when the company's annual report is released.
Separation and divorce are always difficult and often painful. When it comes to dividing up the spoils of a life lived together things can get complicated. But what can further complicate events is the issue of future spoils – better known as pensions. If spouses or partners have lived together for a long time what entitlements do they have to each other’s pension pot. Muriel Walls, partner in Walls Toomey and a specialist in family law has just been speaking at a Connect Women in Pensions Group.
Kevin and Ned called in on the subject of pensions, particularly those awarded to politicians. Ned made the point that as a self- employed person he found himself in the position of having lost a lot of money through a pension and other investments and had no security of income , unlike retired politicians. The issue of what kinds of people become politicians was also raised, with Kevin making the point that it is mostly teachers lawyers and journalists.
Father Donal Morris contacted Liveline to suggest that TDs who become ministers should no longer qualify for pensions for such roles. They should be treated as 'stepping up' instead, in a similar way to others in the public service. Many callers agreed with Donal's points and expressed frustration at the level of pension payments for Bankers as well as politicians. Gerry called in from Roscommon to say that the electorate voted for the government and should leave them get on with sorting things out. Brian rang to say that something needed to be done sooner rather than later and the ...