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COUGHLAN’S GOLD-PLATED €225k PAY-OFF AND €104k PENSION PLAN REVEALED

written by Stephen Maguire February 28, 2011
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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.

 Combined that’s a total pay-off of more than €225,000 and an annual pension from the age of 50 of €104 per year.

Ends

COUGHLAN’S GOLD-PLATED €225k PAY-OFF AND €104k PENSION PLAN REVEALED was last modified: March 1st, 2011 by Stephen Maguire
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Stephen Maguire

Stephen Maguire is the co-founder of Donegal Daily. He has worked as a reporter for almost 30 years starting locally with the Donegal Peoples Press before moving to the Mirror Group. He continues to contribute daily to national media outlets including the Irish Times, RTE, the Irish Independent, Irish Sun, Irish Mirror, Irish Star, the Daily Mail and the Examiner.

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