Dáil Éireann Debate, Thursday - 24 October 2024
145. Deputy Alan Farrell asked the Minister for Public Expenditure, National Development Plan Delivery and Reform the cost of a new public sector deal from 2026 to 2030, based on the same parameters and percentage increases in place under the current deal. [43782/24]
Amharc ar fhreagraIn total, the Public Service Agreement 2024 – 2026 provides for increases of 10.25% over a two and a half year period. In relation to the pay adjustments, the key parameters and percentage increases provided for are:
• Seven general round increases totalling 9.25%, four of which have minimum increases attached; and
• A provision for a Local Bargaining mechanism equivalent to 1% of the basic pay cost.
Over the lifetime of the agreement, the lowest paid public servants will see benefits of up to 17.3%, inclusive of the local bargaining provision.
The estimated cost of the current Public Service Agreement 2024 – 2026 is €3.6 billion over its lifetime.
