Pensions comparison will affect public sector pay benchmarking

Ireland

Public sector pay is due to be assessed as part of a five-year benchmarking exercise that compares public sector pay rates with those in the private sector. Public sector union IMPACT warns that following a similar assessment affecting the highest paid public servants, pensions will be taken into account when making the comparison covering all other public sector workers. The union's pension experts estimate that the cost of higher level of pensions in the public sector could be translated into a double-digit pay difference on the basis of the way the benchmarking reviewed body compared higher salaries. Although public sector workers will still get two pay increases in 2008 as agreed in the national agreement, they are now unlikely to get anything from the benchmarking exercise.
Read more at > IMPACT (EN)

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