Public sector pay restoration: your spending power is not back to 2008

Smart Money: public pay bill under pressure and looks set to remain that way

The nurses’ pay dispute has focused attention again on the unwinding of public sector pay cuts introduced during the economic crisis.

Much of this process is now complete and the amount most public servants are paid is returning to 2008 levels. However there are a couple of key factors which mean that they will still have less cash in their pockets to spend.

The Irish Times
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