PIBA wants pension relief left untouched (RTE)

04 November 2011
 - The Professional Insurance Brokers Association has, like the rest of us, been hearing all sorts of whispering about cutting the rate of tax relief private sector workers can claim for contributing to their pension.

This morning the body, which represents pension intermediaries, issued some research which suggests private sector workers must stump up billions of euro to fund public sector pensions before they begin to think about funding their own retirements.

Diarmuid Kelly, CEO of the PIBA, claims that even an average public sector pension will come to €1 million.