Category Archives: Pensions

Pay Talks Update – 28 February 2013

Members of ARCOIreland will be aware that following intensive and protracted negotiations between the ICTU and the Government, conducted under the auspices of the Labour Relations Commission (LRC), proposals were placed before the parties on Monday last, 25 February. These may be viewed by means of the following link; http://www.lrc.ie/documents/2013/LRC%20Proposals%20_FINAL.pdf Paragraph 2.31 of the LRC document specifically relates to […]

The Pay Talks

The Defence Sector pay talks, which are being conducted as part of the extension to the Croke Park Agreement, are currently underway at the Labour Relations Commission.  The Official Side is made up of representatives of the Military Authorities, Department of Defence and Department of Public Expenditure and Reform, with RACO and PDFORRA making up […]

Payment of Military Pensions

The vast majority of military pensions are paid by what is known as ‘ Electronic Funds Transfer’ (EFT) into personal bank accounts.  Under the Government’s Public Service Reform Plan, it has been decided the payment of state pensions by cheque will be phased out by mid-2013. The Department of Defence has informed us that they […]

IMPORTANT UPDATE: Public Service Pensions (Single Scheme and Other Provisions) Act 2012

The Public Service Pensions Act was debated at Committee Stage and has been passed by the Oireachtas. (You may view the act via the following link): http://www.irishstatutebook.ie/2012/en/act/pub/0037/index.html As members of ARCOIreland will be aware from previous postings, a number of issues contained in the original Bill were a cause for concern. Efforts were successful in […]

PUBLIC SERVICE PENSIONS (SINGLE SCHEME) AND REMUNERATION BILL 2011

ARCOIreland continues in its efforts to have changes made to the proposed Public Service Pensions (Single Scheme) and Remuneration Bill 2011 so as to ensure that the pensions of its members who have taken up public service employment are not abated.  ARCOIreland also opposes the proposal to link pension increases to the Consumer Price Index […]

LATEST UPDATE – Public Service Pensions Bill 2011

ARCOIreland continues with its efforts to have changes made to the proposed Public Service Pensions (Single Scheme) and Remuneration Bill 2011 to ensure that the pensions of its members who have taken up public service employment are not abated.  However, despite the fact that it has made strong representations to Minister Howlin on the matter, […]

UPDATE – Public Service Pensions Bill 2011

The members of ARCOIreland remain deeply concerned at the confusion and uncertainty that continues to surround the provisions of the PUBLIC SERVICE PENSIONS (SINGLE SCHEME) AND REMUNERATION BILL 2011.  The Executive Committee of ARCOIreland has held a number of special meetings to discuss the implications for its members of the proposals contained in the Bill.  […]

PUBLIC SERVICE PENSIONS (SINGLE SCHEME) AND REMUNERATION BILL 2011

This Bill’s stated purpose is to put in place a new single pension scheme for all new entrants to the public service.  Among its proposals is the use of career average earnings, as opposed to final salary, to calculate pension entitlements.  The Bill also contains provisions that will impact directly on existing public service pensioners.  […]

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