The Pensions will Keep us in Drink
Brian Cowen left office with a total package worth more than €310,000 last year, while Bertie Ahern rode into the sunset with over €299,000 — all funded by the taxpayer.
Papers recently have shown Mr. Cowen, received a ministerial pension of €79,738.97 last year. However, he also received a TD pension of €17,544, a €159,873 lump sum, plus termination payments.
All told, Mr. Cowen received €310,469 in 2011 before tax. He did not make any voluntary contribution to the State. The documents indicate.
A major beneficiary of these grandiose pensions is the brewer Arthur Guinness. A spokesperson for Guinness expects these benefits to show up in the next year’s balance sheet.
Posted on October 1, 2012, in Uncategorized and tagged Arthur Guinness, Bertie Ahern, Brian Cowen, Cowen, Lump sum, Pension, Tax, Teachta Dála. Bookmark the permalink. Leave a comment.
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