Restoring public sector pay cuts remains unsustainable

Ireland“That public servants had to endure significant cuts in their incomes during the financial crisis is well known. The bulk of these cuts came in the form of either the pension-related deduction introduced in 2009, which reduced take-home pay by an average of 7% across the public service, or of the cuts in wages and salaries imposed from January 1st, 2010, which also averaged around 7% …” (more)

[Jim O’Leary, Irish Times, 13 December]

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