RTÉ sets 60,000 limit on lump sum

RTÉ has set a limit of €60,000 on severance payments for those in their pension schemes who take early retirement.

RTÉ has set a limit of €60,000 on severance payments for those in their pension schemes who take early retirement.

The organisation is looking for at least 75 redundancies to make up a shortfall of at least €17 million this year.

RTÉ said, contrary to some reports, the maximum lump sum payment will be €60,000 for those over 55 taking early retirement.

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Ronan McGreevy

Ronan McGreevy

Ronan McGreevy is a news reporter with The Irish Times