IMPACT welcomes extension of grace period under Haddington Road Agreement

IMPACT has welcomed a decision by the Government to extend the grace period for retirement, under the terms of the Haddington Road agreement (HRA), to the end of June 2015.

 

This will mean that both the reduction in pay for those earning over €65,000, and any deferral of increments under the HRA will be disregarded for pension purposes up to that date. An extension of the grace period had been requested by IMPACT and the ICTU Public Services Committee.