ALERTS -2016

  APRIL 2016
 MONTHLY INCOME DRAWDOWN CUTS TOTAL€8M SO FAR 


TAKEN DIRECTLY OUT OF THE POCKETS OF PENSIONERS 
WHOSE AVERAGE AGE IS 72 YEARS WITH NO COMPENSATION

           PLUS 2.5% PENSION LEVY DEDUCTION EACH MONTH FOR LIFE 

PLUS c€38M GOVERNMENT IMPOSED PENSION LEVY ON TOTAL FUND  

                      ON TOP OF THE 9TH YEAR OF FROZEN PENSION 
                                 NO INFLATION PROVISION      
   
 SO MORE CUTS TO REAL INCOME FOR THOSE ON PENSION DRAWDOWN
                            
               WHILE OTHERS NOW SEEING THEIR INCOME RISES WE ARE SEEING INCOME FALLING 

APRIL 2016 - ANOTHER MONTH OF DEDUCTIONS FOR MFS DEBT & PENSION LEVY FROM OUR                                                                 PAY WITHOUT OUR CONSENT  

THERE WAS NO COMPENSATION/MITIGATION PROVIDED FOR THESE UNILATERAL CUTS ON THOSE IN RECEIPT OF THEIR FUNDED PENSION ANNUITY FOR THIS CALCULATED MFS DEBT/LIABILITY


April 2016 RASA Legal Action – Update
 
RASA Legal Action – Update
 
Counsel intend to apply to the President of the High Court on Monday 11 April 2016, for leave to issue the application for, amongst other things, case management of the proceedings, and to look for a hearing date for that application.  The application papers have issued to the Chief State Solicitors Office.
 
If you have returned the signed papers to LK Shields and wish to check that you are on the list of eligible plaintiffs please send an email to rasapension@gmail.com   

March 2016 Pension Case Update - March 2016 

RASA’s Legal Advisors have passed the following update  

Finalisation of documentation for submission to the High Court on behalf of 730+ plaintiffs is ongoing.
  

If you have returned the signed letter to LK Shields and wish to check that you are on the list of plaintiffs please sent an email to rasapension@gmail.com



FEBRUARY 29 2016 - ANOTHER MONTH OF DEDUCTIONS FOR MFS DEBT & PENSION LEVY FROM OUR                                                                 PAY WITHOUT OUR CONSENT  

THERE WAS NO COMPENSATION/MITIGATION PROVIDED FOR THESE UNILATERAL CUTS ON THOSE IN RECEIPT OF THEI FUNDED PENSION ANNUITY FOR THIS CALCULATED MFS DEBT/LIABILITY

 
Feb 2016 - Irish Airlines Pensions Ltd, corporate trustee for IASS posts P60's for year 2015 to pensioners. 

CONFIRM YOUR PENSION CUTS FROM JANUARY 2015 

COMPARE YOUR P60 FOR 2014 - SEE THE REDUCTION IN IASS PENSION

Feb 1 2016 - Annual Report and Accounts for the period April 2014 to March 2015 are now available from the administrators of the various pension funds.   


View C Daly TD Engaged with Chairperson Designate, The Pension Authority - Mr D Begg. - and go to Oireachtas debates Jan 27th for transcript of full debate -Committee on Education & Social Protection.  
http://oireachtasdebates.oireachtas.ie/Debates%20Authoring/DebatesWebPack.nsf/committeetakes/EDJ2016012700002?opendocument#A00100   


View C Daly TD speaking in Dail on appointment of D Begg as Chair of Pension Authority and referencing IASS_RASA pensioners pension cuts  

JANUARY 2016 - ANOTHER MONTH OF DEDUCTIONS FOR MFS DEBT & PENSION LEVY FROM OUR PAY WITHOUT OUR CONSENT - 

THERE WAS NO COMPENSATION/MITIGATION PROVIDED FOR THOSE IN RECEIPT OF PENSION ANNUITY FOR THIS MFS DEBT/LIABILITY 


LEGAL CASE CHALLENGING UNILATERAL CUTS TO OUR PENSION ANNUITY

DETAILS OF HOW YOU CAN VOLUNTARY SUPPORT OUR LEGAL CHALLENGE WITH DONATIONS 

CLICK ON SIDEBAR - DONATIONS DETAILS 

A BIG THANK YOU TO THOSE WHO CONTRIBUTED TO THE PENSION FIGHTING FUND FOR YOUR SUPPORT/COMMITMENT 

SINCE JAN 2015 €6.5M TAKEN FROM OUR PENSION MONTHLY INCOMES UNILATERALLY  FOLLOWING MFS DEBT TRANSFER CUTS PROPOSED BY AER LINGUS/DAA TO PENSIONERS INCOME 

AER LINGUS/DAA AND TRUSTEES UNILATERALLY IMPOSED SECTION 50 DEBT REPAYMENT ON OUR MONTHLY INCOME - THIS IS ON TOP OF PENSION LEVY DEDUCTION FOR LIFE. 

AER LINGUS/DAA EXCLUDED THOSE IN RECEIPT OF PENSION FROM THE COMPENSATION FUNDS THEY SET UP AS DEFINED CONTRIBUTION PENSION FUNDS TO MITIGATE AGAINST THESE CUTS. 



WE ARE STILL REPAYING A MFS WIND UP SECTION 50 DEBT THAT WE DID NOT KNOW WE HAD & ACTUARIALLY CALCULATED USING BUY-OUT EXTERNAL ANNUITY RATES - THOUGH SCHEME NOT WOUND UP - THIS IS ON TOP OF ONGOING GOVT PENSION LEVY DEDUCTION

DEC 21 2015 - TRUSTEES NOTIFIES PENSIONERS THAT AER LINGUS TERMINATES ITS CONTRACT AS REGISTERED ADMINISTRATOR FOR IASS AND ALL PENSION SCHEMES FROM END OF 2015.

19 DEC 2015 - RASA WRITES TO AER LINGUS/DAA REGARDING REGISTERED ADMINISTRATOR SERVICE PROVISION & AGE FRIENDLY SERVICE TO PENSIONERS - (WEBPAGE 2.8)