Motion to end generous pensions defeated

A motion, calling for an end to generous pensions and lump-sums for high level office holders - including bankers - on retirement, has been defeated in the Dail

The motion, put forward by the Dail's Technical Group, was lost by 83 votes to 45.

It comes after it emerged that six employees of the IBRC, formally Anglo Irish Bank, are each receiving pay and pension packages of more then half a million euro a year.

The figures, obtained in a parliamentary reply to the Fianna Fáil TD Michael McGrath, include salary pension payments, allowances and benefits.

It is understood that the six employees were appointed before the Government came into power.

Speaking in the Dail tonight, former Junior Health Minister Roisin Shortall said the Government can take action on this issue in the budget:

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