Arthur Morgan
Question:214 Deputy Arthur Morgan asked 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]
View answerTuesday, 20 October 2009
Questions (127)
Written answers
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.