December 2 2024 Private Health Webinar online.
There is no income security or protection for pensions in retirement.
Pensioners voice ignored – Everywhere Blocked – Forced into The High Court
No availability to address Democratic Concerns of Pensioners through the State IR machinery. It is closed to Pensioners.
The State interfered with the Rules of the Trust Deed in our Pension Scheme and allowed the Employers to override
The Public Service and State Service including members of the Oireachtas have had the “austerity cuts” restored and been given further increases.
What is the State doing for us?
We want the State to oblige employers to be responsible for Pension Funds they create.
We need restoration of our Pension Cuts - 10% and 20%, as well as 2.5% Lifetime Levy – and Cost of Living Increases also restored.
We want a State Pension Protection Program.
January 2020
Further Background Information and Reminders
FOR PENSIONERS OF AER LINGUS & DUBLIN AIRPORT AUTHORITY IRELAND IS NOT THE COUNTRY IN WHICH TO GROW OLD.
PENSIONERS VOICE IGNORED – EVERWHERE BLOCKED – FORCED INTO HIGH COURT
WE HAVE SEEN
Pension reductions & deductions imposed
LIFETIME – REDUCTION IN BASIC PAY – WITH NO ‘BUY OUT’
LIFETIME – DEDUCTION OF PENSION LEVY
LIFETIME – FREEZE ON COST OF LIVING INCREASES
FROM 2015 TO DECEMBER 2019 – PENSIONERS BASIC MONTHLY PAY REDUCED BY €30MILLION
THE AVERAGE PENSION IS JUST OVER €13,500 PER ANNUM
THIS ANNUAL PENSION WAS ACTUALLY REDUCED
THIS HAS AFFECTED INDIVIDUAL MONTHLY TAKE HOME INCOME
IS THE ACTUAL MONTHLY BASIC INCOME THAT INDIVIDUAL PENSIONERS HAD IN DECEMBER 2014
IT WAS COMPULSORILY REDUCED
TAKEN FROM EACH OF US WITHOUT OUR CONSENT –
IT WAS UNILATERALLY TAKEN BY THE GOVERNMENT AND EMPLOYERS AND TRUSTEES
FUTURE PENSIONERS HAD 'BUY OUT' OF THESE BENEFIT REDUCTIONS WHICH WERE TRANSFERRED TO PERSONAL PENSION FUNDS
2020 SEES US STARTING OUR SIXTH YEAR OF THIS REDUCTION IN OUR MONTHLY INCOME
INDIVIDUALS RECEIVED NO COMPENSATION FOR THIS REDUCTION IN OUR INCOME –
UNLIKE OTHER GROUPS
OTHERS SEE REDUCTIONS RESTORED
PUBLIC SERVICE PENSION REDUCTIONS HAVE ALL BEEN RESTORED –
PUBLIC SERVICE PENSIONERS EVEN HAVE FURTHER PENSION INCREASES SCHEDULED IN 2020
BUT NOT FORMER AER LINGUS/DAA PENSIONERS
WE ARE ALL LIVING IN IRELAND BUT WHAT HAS HAPPENED
LEGISLATION INTRODUCED TO REDUCE OUR PENSIONS
NEARLY ALL DEFINED BENEFIT PENSION SCHEMES NOW CLOSED TO NEW ENTRANTS AND GREAT NUMBER WINDING UP
EMPLOYERS SWITCHING TO DEFINED CONTRIBUTION SCHEMES AND OFTEN PROVIDE HIGHER CONTRIBUTION LEVELS THAN THEY TRADITIONALLY DONE
PENSION POLICY AND PRACTICE SUPPORTING THIS –
PENSIONERS WANT ACCESS TO WORK PLACE RELATIONS TO ADDRESS THEIR CONCERNS AND ISSUES – BUT GOVERNMENT WON’T FACILITATE THIS
EMPLOYERS AND TRUSTEES EXCLUDE PENSIONERS FROM ANY DISCUSSIONS ON RESTRUCTURING OR CHANGES TO EMPLOYER OCCUPATIONAL SCHEMES – GOVERNMENT WON’T BRING IN LEGISLATION TO CHANGE THIS DESPITE DEMANDS
EVERYONE IGNORING THAT OUR PENSION CONTRIBUTIONS FOR OVER 40 YEARS WAS PAID FOR AND IS DEFERRED PAY
PENSIONERS ONLY ROUTE IS TO THE HIGH COURT
THIS IS WHERE WE ARE AT – COSTING MILLIONS OF EUROS – MONEY THAT WE DO NOT HAVE
WE ARE DEMANDING THAT PENSIONS IN PAYMENT FOR PENSIONERS ARE PROTECTED 100% - GOVERNMENT AND EMPLOYERS RESIST THIS
THEY DO NOT WANT EMPLOYER LIABILITY FOR PENSION SCHEMES.
ANY LEGISLATION AND AMENDMENTS ARE STALLED – DELAYED AT COMMITTEE OR EXCUSE – THEY USE THE EXCUSE OF TECHNICAL ISSUES – BUT CONSIDERED A DELAYING TACTIC - ALL PUT ON THE LONG FINGER.
EVERYDAY NOW BRINGS INCREASES IN COST OF LIVING – PENSIONERS COST OF LIVING IS HIGHER THAN NATIONAL CPI INDEX
THEY ARE SEEING DAILY INCREASES IN ENERGY; TELECOMMUNICATIONS - ; HEALTH; INSURANCE – WITH LOTS OF HIDDEN PREMIUMS BASED ON AGE
ALL HOUSEHOLDS BENEFITS SHOULD KEEP IN LINE WITH INCREASED COST AND IMMEDIATELY THE TELEPHONE ALLOWANCE SHOULD BE RESTORED
NO ONE IS ADDRESSING THE COST OF AGEING FOR INDIVIDUAL OLDER ADULTS