Written answers

Tuesday, 20 October 2009

Department of Finance

Social Partnership Agreement

9:00 pm

Photo of Arthur MorganArthur Morgan (Louth, Sinn Fein)
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Question 214: To ask the Minister for Finance the cost to the Exchequer if the social partnership payment deal agreed in 2008 was paid out in 2009 as planned. [36743/09]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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The pay increases under 'Towards 2016 – Review and Transitional Agreement 2008 -2009 were as follows:

· An increase of 3.5% from 1 September 2009; and

· An increase of 2.5% from 1 June 2010 – except for those earning up to and including €430.49 per week (€ 22,463 per annum) on commencement of the second phase where a 3% increase will apply.

The estimated cost to the Exchequer of implementing the 'Towards 2016 – Review and Transitional Agreement 2008 -2009 in 2009 would have been about €230m. The cost would have been significantly higher in 2010 and 2011.

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