The Redundancy Payments Acts will be amended to implement the recommendations that have been agreed in the Report of the Redundancy Review Group. In the context of this Agreement, it is agreed by the Government that it will enhance statutory redundancy terms to provide for 2 weeks pay per year of service, with the abolition of differentiation by age and to retain the bonus week in the calculation of payments. The rebate of 60% of the statutory redundancy payment from the Social Insurance Fund will apply to this revised level of statutory payment. It is acknowledged by the parties to this Agreement that the above adjustment is intended to provide a basic statutory minimum redundancy payment for all workers covered by the Acts. It will not be used to increase the cost of redundancy payments as may be already provided for by agreements at enterprise level. The parties agree that no repercussive claims related to or following on from this adjustment to the statutory minimum provisions for redundancy payments will be made by trade unions or employees. Where a dispute about the appropriate level of redundancy payment arises directly from this adjustment of statutory provisions, both parties will refer the matter for interpretation by the Labour Court and be bound by its recommendation on the matter.