€566m: the price of public sector votes
Published 30/05/2015 | 02:30
The Coalition stepped up its bid to buy re-election with a €566m pay deal that demands little in return from the country's 290,000 public servants.
State employees are set to receive an average of €2,000 each over the next two years - on top of the USC cuts and tax reductions due to feature in October's Budget.
Thousands of workers will see a significant reduction in their pension levy, as well as pay rises of up to 2.5pc - without having to give anything back in terms of productivity.
And the Irish Independent can reveal that Taoiseach Enda Kenny's officials made an 11th-hour intervention to prevent further income boosts for higher-paid public servants.
A late decision was also taken to exempt Government ministers from the 'Lansdowne Road Agreement'.
A senior source in the negotiations described the package, which requires approval from all public sector unions, as a "vote for industrial peace".