http://www.moneyguideireland.com/budget-2010-and-public-sector-pay-cuts.html Money - Savings - Mortgages and Price Comparison in Ireland Thu, 09 Sep 2010 14:07:17 +0000 hourly 1 http://wordpress.org/?v=3.0 http://www.moneyguideireland.com/budget-2010-and-public-sector-pay-cuts.html/comment-page-1#comment-11838 "Misleading " reporting of accounts twists figures to suit neo-liberal agenda. Fri, 23 Apr 2010 14:41:38 +0000 http://www.moneyguideireland.com/?p=720#comment-11838 [...] Public Servants earning over 200,000 will have a 15% pay reduction. Public Servants earning from 165,000 to 200,000 will have a 12% pay reduction. Public Servants earning from 125,000 – 165,000 will see an 8% pay reduction. Other Public Servants with salaries under €125,000 will have: A 5% reduction on the first 30,000 of income. A 7.5% reduction on the pay between 30,001 and 70,000 A 10% reduction on the pay between 70,001 and 125,000. These changes will have the following affect on pay for Public Sector workers: Someone earning 25000 will now get €23,750 A person on €50,000 wil be cut to €47,000 Someone on a salary of €100,000 will now be on €92,500 A salary of €250,00 will be cut to €212,500 It is interesting to see the take home (net) pay figures for some of these high earners. For example – someone earning €70,000 gets a net pay of €41,272. A gross salary of €138,000 will result in a net pay of €68,613. These figures are for single people with full rate PRSI. Budget 2010 and Public Sector Pay Cuts | Money Guide Ireland [...] [...] Public Servants earning over 200,000 will have a 15% pay reduction. Public Servants earning from 165,000 to 200,000 will have a 12% pay reduction. Public Servants earning from 125,000 – 165,000 will see an 8% pay reduction. Other Public Servants with salaries under €125,000 will have: A 5% reduction on the first 30,000 of income. A 7.5% reduction on the pay between 30,001 and 70,000 A 10% reduction on the pay between 70,001 and 125,000. These changes will have the following affect on pay for Public Sector workers: Someone earning 25000 will now get €23,750 A person on €50,000 wil be cut to €47,000 Someone on a salary of €100,000 will now be on €92,500 A salary of €250,00 will be cut to €212,500 It is interesting to see the take home (net) pay figures for some of these high earners. For example – someone earning €70,000 gets a net pay of €41,272. A gross salary of €138,000 will result in a net pay of €68,613. These figures are for single people with full rate PRSI. Budget 2010 and Public Sector Pay Cuts | Money Guide Ireland [...]

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