Pension costs cut for public sector workers

Ireland Ireland
For the first time since 2008, public service workers have seen an improvement in their incomes thanks to a cut in the ‘pension levy’ that was introduced in 2009. The change – worth €125 a year – was implemented as part of the "Haddington Road" public sector agreement last year. An additional cut of 10% for new entrants from 2011 was also addressed under Haddington Road and last October unions achieved the end of the two-tier pay system that it had introduced.
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