Mr. Tom Geraghty:

No trade unionist worth his or her salt will offer to give up money on behalf of his or her members. That is not the business we are in. We have in place an agreement that is taking considerable costs out of the system and was doing so before this issue arose. The point has been made that it will reduce the public service pay bill by €3.3 billion by 2015. Had our views been sought, I dare say we would have said this. We would have said this was an unnecessary exercise.