GSE 05-24 eir Pay Increases

02/July/2024

Description

The company have confirmed that they will be including the first phase of the recently agreed pay deal in the July 2024 payroll. The increases from the 1st July 2024 are as follows:

  • Base pay < €50,000                     = 3%
  • Base pay €50,000 – €70,000 = 2%
  • Base Pay €70,000+                      = 1%

For Defined Benefit Scheme members, the Board of the Company has agreed to grant a 2.5% pensionable increase in respect of both pre and post Vesting Day service. This increase is in line with the terms of the Pension Accord Agreement.

The company has written to the Minister for the Environment, Climate, Communications and Transport, the Minister for Finance, and the Minister for Public Expenditure and Reform for approval for the pension increase.

The CWU has also written to the respective Ministers requesting a speedy approval for our pensioners (copy attached) – Attachment to GS Circular GSE 05-24.

 

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