Written answers

Thursday, 30 November 2017

Department of Public Expenditure and Reform

Public Service Stability Agreement

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail)
Link to this: Individually | In context | Oireachtas source

95. To ask the Minister for Public Expenditure and Reform the estimated cost of the public service stability agreement; the cost each year; the impact on the fiscal space in each year covered by the agreement; and if he will make a statement on the matter. [51362/17]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The cost of the Public Service Stability Agreement 2018-2020 is €887m broken down as follows: 

YearPay Deal Cost
2018€178m
2019€370m
2020€339m

There are carryover costs associated with the Agreement of €227m in 2021. 

The latest Fiscal Space projections were published in the Summer Economic Statement of 2017: .

Subsequent to that the impact of the PSSA was fully included in the calculations for Budget 2018 and the current expenditure ceilings in Table 9 of the Expenditure Report:

.

The great benefit of the agreement is the level of certainty it provides for medium term fiscal planning. Future projections of the net fiscal space will include provision for the PSSA.

Comments

No comments

Log in or join to post a public comment.