Financial Emergency Measures in the Public Interest Act 2013
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Number 18 of 2013 | ||
FINANCIAL EMERGENCY MEASURES IN THE PUBLIC INTEREST ACT 2013 | ||
ARRANGEMENT OF SECTIONS | ||
Section | ||
2. Reduction in remuneration of public servants who earn more than €65,000. | ||
7. Pay scales: suspension, subject to exceptions, for certain period. | ||
8. Exemption, etc., from operation of section 7 in certaincircumstances. | ||
11. Amendment of Financial Emergency Measures in the Public Interest Act 2009. | ||
12. Review of this Act and certain enactments of like character. | ||
Acts Referred to | ||
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Number 18 of 2013 | ||
FINANCIAL EMERGENCY MEASURES IN THE PUBLIC INTEREST ACT 2013 | ||
AN ACT, IN THE PUBLIC INTEREST, TO PROVIDE FOR— | ||
(A) THE REDUCTION OF THE REMUNERATION OF CERTAIN PUBLIC SERVANTS (INCLUDING MEMBERS OF THE HOUSES OF THE OIREACHTAS, THE JUDICIARY AND CERTAIN OFFICE HOLDERS); | ||
(B) THE REDUCTION OF THE AMOUNT OF THE PAYMENT OF PENSION OR OTHER BENEFITS (OTHER THAN LUMP SUMS) PAYABLE TO OR IN RESPECT OF CERTAIN PERSONS WHO ARE OR WERE IN THE PUBLIC SERVICE (INCLUDING MEMBERS AND FORMER MEMBERS OF THE HOUSES OF THE OIREACHTAS, FORMER MEMBERS OF THE JUDICIARY AND FORMER HOLDERS OF CERTAIN OFFICES) UNDER AN OCCUPATIONAL PENSION SCHEME OR PENSION ARRANGEMENT (BY WHATEVER NAME CALLED); AND | ||
(C) THE ALTERATION OF THE OPERATION OF SCALES OF PAY FOR PUBLIC SERVANTS (INCLUDING THE SUSPENSION OF THE AWARDING, FOR A CERTAIN PERIOD, OF INCREMENTS UNDER THOSE SCALES), | ||
AND TO PROVIDE FOR RELATED MATTERS. | ||
[5th June, 2013] | ||
WHEREAS budgetary and fiscal measures have been taken by the State since 2009 to address a serious disturbance in the economy and a decline in the economic circumstances of the State that have occurred; | ||
AND WHEREAS it is necessary for the State to achieve further significant savings in its expenditure, both directly and indirectly, on remuneration and in its expenditure on public service pensions as a contribution to the reduction of the shortfall between revenue and expenditure that is needed to put debt on a downward path; | ||
AND WHEREAS the State is availing itself of a financial assistance programme established by the European Union and the International Monetary Fund with funding provided by the European Financial Stabilisation Mechanism, the European Financial Stability Facility, the bilateral lenders (the United Kingdom, the Kingdom of Sweden and the Kingdom of Denmark) and the International Monetary Fund and it is necessary to adopt a range of measures to meet commitments included in that programme to address the economic crisis in the State; | ||
AND WHEREAS it is necessary for the State to take measures as part of remedial action to maintain the State’s path toward correcting the excessive deficit by 2015 in line with the recommendation to that effect of the Council of the European Union (Council Recommendation with a view to bringing to an end the situation of an excessive deficit in Ireland of 7 December 2010); | ||
BE IT THEREFORE ENACTED BY THE OIREACHTAS AS FOLLOWS: |