Menu
05/02/2009
Dáil Vote On Spending Cuts Imminent
The Dáil will today vote on the Government's latest round of spending cuts.
Included in the cuts the is the controversial public service pension levy, which is believed will harshly affect the take-home pay of public servants.
Unions are currently considering their response to the proposals, which were hammered out at a meeting this week, during which union leaders sensationally walked out without agreement.
The salary-based levy is part of a package of measures designed to cut €2 billion in Exchequer spending in 2009.
The levy will be calculated on gross pay and will range from a 3% contribution for workers earning €15,000 up to 9.6% for staff earning €300,000.
However, it has emerged this morning that the impact of the levy will be substantially eased by a tax reduction, seeing middle and higher income public servants only minimally affected.
The recalculation of pensions and taxes is expected see the exchequer benefit by about €900 million over a full year.
Mr Lenihan said in the Dáil yesterday senior public servants who had voluntarily offered to cut their salary following October's budget could now revert to their previous pay and make their contribution instead through the pension levy.
Minister for Finance Brian Lenihan will lead an all-party Dáil debate on the proposals before TDs vote on the issue in Leinster House at 1.30pm.
(DW/BMcC)
Included in the cuts the is the controversial public service pension levy, which is believed will harshly affect the take-home pay of public servants.
Unions are currently considering their response to the proposals, which were hammered out at a meeting this week, during which union leaders sensationally walked out without agreement.
The salary-based levy is part of a package of measures designed to cut €2 billion in Exchequer spending in 2009.
The levy will be calculated on gross pay and will range from a 3% contribution for workers earning €15,000 up to 9.6% for staff earning €300,000.
However, it has emerged this morning that the impact of the levy will be substantially eased by a tax reduction, seeing middle and higher income public servants only minimally affected.
The recalculation of pensions and taxes is expected see the exchequer benefit by about €900 million over a full year.
Mr Lenihan said in the Dáil yesterday senior public servants who had voluntarily offered to cut their salary following October's budget could now revert to their previous pay and make their contribution instead through the pension levy.
Minister for Finance Brian Lenihan will lead an all-party Dáil debate on the proposals before TDs vote on the issue in Leinster House at 1.30pm.
(DW/BMcC)
Related Irish News Stories
Click here for the latest headlines.
05 July 2010
Appeal For All-Ireland Economic Solution
As today's North-South summit got underway in Dublin, the Stormont Deputy First Minister Martin McGuinness has appealed for the NI Executive to act collectively "to meet the challenges being posed by the current economic situation". He said that the public spending cuts being proposed by the British government are a major island-wide challenge.
Appeal For All-Ireland Economic Solution
As today's North-South summit got underway in Dublin, the Stormont Deputy First Minister Martin McGuinness has appealed for the NI Executive to act collectively "to meet the challenges being posed by the current economic situation". He said that the public spending cuts being proposed by the British government are a major island-wide challenge.
19 March 2009
Civil Servants Launch Lunchtime Protest
An estimated 13,000 civil servants are due to mount lunchtime protests at all Government offices today against the pension levy on public sector workers. The action comes less than a month after the 150,000 strong protest in Dublin over the imposition of the controversial levy.
Civil Servants Launch Lunchtime Protest
An estimated 13,000 civil servants are due to mount lunchtime protests at all Government offices today against the pension levy on public sector workers. The action comes less than a month after the 150,000 strong protest in Dublin over the imposition of the controversial levy.
09 July 2008
Dáil Delays Holidays To Debate Economy
The Dáil is to begin a two-day debate on the public spending cuts proposed by the Government. Dáil members are supposed to have started their summer break last Thursday, but a further week was agreed to deal with the worrying economic problems.
Dáil Delays Holidays To Debate Economy
The Dáil is to begin a two-day debate on the public spending cuts proposed by the Government. Dáil members are supposed to have started their summer break last Thursday, but a further week was agreed to deal with the worrying economic problems.
22 September 2009
Gardaí Resignations Rising
Fine Gael have said today that officers are leaving the force by a rate of increase totalling 217%. The opposition's spokesman on Justice, Charles Flanagan, said the party has linked the figures to the Government’' imposition of the pension levy last year.
Gardaí Resignations Rising
Fine Gael have said today that officers are leaving the force by a rate of increase totalling 217%. The opposition's spokesman on Justice, Charles Flanagan, said the party has linked the figures to the Government’' imposition of the pension levy last year.
27 February 2013
AHCPS Urge No Vote On Croke Park Ballot
Union members are being urged to vote no in the ballot on new Croke Park Agreement proposals. The Association of Higher Civil and Public Servants is to recommend a no vote on the proposals, a decision it is understood the executive committee took following a meeting on Tuesday.
AHCPS Urge No Vote On Croke Park Ballot
Union members are being urged to vote no in the ballot on new Croke Park Agreement proposals. The Association of Higher Civil and Public Servants is to recommend a no vote on the proposals, a decision it is understood the executive committee took following a meeting on Tuesday.
-
Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
