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Thursday 27 July 2017

Age Action board votes for cuts

A charity has taken a number of cost-cutting measures, including a 5pc pay cut for staff, in response to a sharp fall in revenue last year.

Falls in revenue, donations and government funding, as well as once-off redundancy payouts, meant Age Action Ireland incurred a loss of €671,783 last year.

Its board has voted in favour of a 5pc pay cut for staff, two weeks unpaid leave and a pensions holiday for 2011.

Head of advocacy at the charity, Eamon Timmins, said it was now on course to make a "modest surplus".

It provided services for 30,000 older people last year.

Irish Independent

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