Retiring Garda receives lumps sum of €262,000 – TheLiberal.ie – Our News, Your Views

Retiring Garda receives lumps sum of €262,000




 

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According to a report by RTE, €262,000 was the largest pension lump sum paid to a retiring member of the gardaí last year.

This payment was just one of a total 273 pension lump sums, totaling at €23.5m paid to retiring gardaí in 2014.

249 gardaí including one commissioner and four Chief Superintendents had retired in the same year.

The second and third biggest payments were around €170,000 and €169,000, while there were also ten payments over €135,000.

Figures also show the average payment to retiring gardaí in 2014 was just over €86,000.

And as of August 2015, there have 203 retirements with gratuities totaling €17m.

From the start of 2010 to August 2015, over €186.5 million was paid in lump sums to 1,946 retiring gardaí.

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