What Unions and employers want from the Budget
Published 05/09/2016 | 02:30
SIPTU - No change in the tax system that would reduce the tax base.
An increase in public investment in the health service, childcare and capital projects, to protect against any negative impact of Brexit.
Pension reform. The abolition of the mandatory compulsory retirement age and a mandatory pension scheme for workers without one.
An increase in Jobseeker’s Benefit when a worker reaches 65 because they cannot draw the State pension until 66, as a temporary measure.
An increase in employer’s PRSI to fund a ‘social wage’, which would include unemployment, sickness and maternity benefit payments mirroring a worker’s pay.
Restoration of social protection payments to 2009 levels. Keep the USC and integrate it into PRSI, to provide pay-related supports and fund pensions.
Keep the USC. This is being considered by the union’s national executive committee. General secretary John Douglas does not want it scrapped and questions how the €4bn raised by the tax will be replaced to fund vital services including accommodation for homeless children.
Refundable tax credits. Mandate is lobbying for all tax credits to count in terms of a worker’s tax liability. It argues that if you don’t earn enough to use them all, you lose the benefit.
A “fair and balanced” commitment to unwind FEMPI legislation, which cut public servants’ pay.
A pledge to begin talks that could lead to an acceleration of pay restoration in the first half of next year.
A commitment to job-creating investment in public services, including housing, health, water, education pre-school provision, and childcare.
Restoration of tax relief on trade union subscriptions.
A tax system that rewards work better.
A €1,000 increase in the point at which workers hit the marginal rate and a clear road map to lower the marginal rate to 45pc.
More investment in transport, education, housing and broadband.
An extra €1bn for social housing to tackle spiralling costs, which the organisation says are adding to wage pressures.
An increase in capital gains tax relief for entrepreneurs.