Dublin to cut public sector pay

Irish public sector workers face an average 7.5% pay cut under government plans for a pensions levy to help raise the €2bn targeted in 2009 to reduce the large budget deficit.

Irish Times, 4.2.09: Pension charges must be accepted - Cowen http://www.irishtimes.com/newspaper/ireland/2009/0204/1233713216839.html

Ireland: Ministry of Finance: Statement by Minister of Finance, 4 february 2009 http://www.finance.gov.ie/viewdoc.asp?DocID=5659

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