14 May '11, 1am

Clearing the air on pensions Gahmen gobbledygook . The equivalent of this:

WE WISH to make this clarification about pensions of political office holders. The points below are already on the public record, having been stated during the Parliamentary debate on salaries for political appointment holders in 2007, on other occasions in parliament, and in previous media releases. Under the Parliamentary Pensions Act, political office holders are eligible for a pension. The pension scheme recognises their role and impact on national policies, and the strong reliance on depth of expertise and length of experience for the continuity of national policies. Ministers have to serve a minimum of eight years as a political office holder to qualify for a pension. A minister's pension is determined based not on his total monthly salary, but only on the pensionable component of this salary at the point of retirement. This pensionable component has been frozen sinc...

Full article: http://www.todayonline.com/Voices/EDC110514-0000263/Clear...

Tweets

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