Written answers
Tuesday, 4 March 2014
Department of Public Expenditure and Reform
Public Sector Pensions Issues
Joe Carey (Clare, Fine Gael)
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129. To ask the Minister for Public Expenditure and Reform if he is considering an extension of the grace period from 1 July 2013 to 31 August 2014 as it applies to those retiring from the public service; when he expects to make a decision on same; and if he will make a statement on the matter. [10411/14]
Brendan Howlin (Wexford, Labour)
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Subsection (1)(b)(ii) of section 9 of the Financial Emergency Measures in the Public Interest Act 2013, enables me, as Minister for Public Expenditure and Reform, to extend the "grace period" during which pension awards to persons who retire from public service jobs are calculated without regard, in particular, to the pay reductions applied under that Act. This period is currently due to expire on 31 August 2014. On foot of requests seeking an extension to the grace period, I will, as required under the legislation, take account of legal, superannuation and personnel management issues across the public service, and consult as appropriate. I would expect to have completed my considerations shortly.
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