Pensions News 2014


Workers failed on pensions

Policy and regulatory failures have caused significant losses for hundreds of thousands of pension scheme members and seriously eroded confidence in the principle of pension provision, according to the Irish Congress of Trade Unions (ICTU).


Public service pay down; private sector stagnant

Average hourly earnings in the public sector have fallen by 5.4% since the end of 2008 according to new official data. Weekly public service earnings decreased at nearly the same rate (5.1%), or just under €50 a week.