Pension Cuts Set To Be Returned

Pension cuts set to be returned

The Government's agreed to begin returning pension cuts made to retired public servants during the financial crisis. The Cabinet's signed off on a proposal from the Public Expenditure Minister, Wexford's Brendan Howlin, today targeted at those on low pensions. Around 90,000 public sector pensioners will benefit at a cost of about 90 million euro over three years. Under the plan they'll receive around 400 euro next January, 500 euro in 2017 and 780 euro in 2018.