The Public Service Stability Agreement 2013 to 2018 underpinned by the Financial Emergency Measures in the Public Interest Act (FEMPI) 2015 made provision for the following measures:
Pension Related Deduction (PRD): Exemption threshold changes as follows:
- 2015 increase from €15,000 p.a. to €17,500 p.a.
- 1 January 2016 increase from €17,500 p.a. to €26,083 p.a.
- 1 January 2017 increase from €26,083 p.a. to €28,750 p.a.
Pay increases as follows:
- 1 January 2016 annualised salaries up to €24,000 to increase by 2.5%;
- 1 January 2016 annualised salaries from €24,001 up to €31,000 will increase by 1%;
- 1 September 2017 all annualised salaries up to €65,000 will increase by €1,000;
Over €65,000 Pay Restoration: Those on salaries over €65,000 p.a. will get the additional cuts imposed under the FEMPI Act 2013 restored as follows:
- €65,000 to €110,000: half on 1 April 2017, half on 1 January 2018;
- Over €110,000: one third on 1 April 2017, one third on 1 Apr 2018, and one third on 1 April 2019.
Further details are available on the website of my Department at http://www.per.gov.ie/en/public-service-pay-policy/.