Oireachtas Joint and Select Committees
Wednesday, 22 February 2017
Committee on Budgetary Oversight
Fiscal Outlook, Competitiveness and Labour Market Developments: Discussion
2:00 pm
David Cullinane (Waterford, Sinn Fein)
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Ms King has said that FEMPI should be unwound. I reckon a distinction needs to be made between taking the law from the Statue Book and unwinding FEMPI in terms of giving everything back to those from whom everything was taken. That would include higher earners. Ms King made the point, rightly, that those on salaries below €30,000, or perhaps a little higher, will not benefit in any way from the unwinding of FEMPI. They would have to get pay increases. Ms King has set out the ICTU position on FEMPI. Is the position that everything taken has to be given back by a given period? If that is the case, what is that period?