Mary Coughlan to get €225k pay-off AND €104k a year in pension payments
SHE may have been a loser in the election but outgoing Tanaiste Mary Coughlan is a winner in the money stakes.
An investigation into the the Frosses woman’s entitlements shows she will walk away with a massive financial package including a huge pension after her 24 years in the Dail.
In just five years time Coughlan, 45, will be able to pick up an incredible combined Ministerial and TD’s pension of €103,524 a year – for the rest of her life.
But that’s not the end of the gravy train for the former Agriculture and Education Minister.
She will also get a TAX-FREE pension lump sum of €147,636.
And under the termination of her Government status, the Fianna Fail politician will also get another €78,000 in various payments over the next year.
http://www.donegaldaily.com/2011/02/28/coughlans-gold-plated-e225k-pay-off-and-pension-plan-revealed/
Disgusting.
Who really won and lost this election, it certainly wasnt the Irish people.
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