The scheme for the early retirement of teachers, negotiated under the Programme for Competitiveness and Work, was agreed with the INTO in autumn 1996 and with the other teachers' unions in spring 1997. Following agreement with the INTO, the scheme was introduced in the case of primary teachers in October 1996. The number of applications received for early retirement in 1996 was 64 which was well within the provision made.
In 1997, when the scheme was extended to teachers generally, the scheme provided for up to 400 retirements. Following notification of the scheme to schools in June 1997, applications were received from 185 teachers.
As this number was below the annual quota provided for, and at the request of the teacher unions, my Department invited further applications for early retirement in October 1997. Sixty-three further applications have been received and these are being processed.
The cost of all retirements arising in 1997 under the scheme for the early retirement of teachers are being met from Vote 45 — Increases in Remuneration and Pensions.