Archive for 17 October 2009

Ministers collectively agree to substantial pay cuts

Posted in Governance and administration with tags on 17 October 2009 by Steve

Ireland“… Minister for Education Batt O’Keeffe yesterday confirmed that the report from the Body on Higher Remuneration had been discussed by Cabinet this week and that Ministers have agreed to accept cuts … The report examines the pay levels of an estimated 1,600 higher earners in the public sector, including Ministers, senior civil servants, high-ranking gardaí and Army personnel, university heads, and heads of State agencies and bodies. However, it is anticipated the Government will impose pay cuts across most grades in the public sector in the December budget …” (more)

[Harry McGee and Martin Wall, Irish Times, 17 October]

New closing date for Civil Service job plan

Posted in Legal issues with tags on 17 October 2009 by Steve

Ireland“The closing date for the Government’s early retirement scheme for civil servants has been extended for a week because of the need for clarification on a number of technical issues. The cut-off for the incentivised scheme was due to be yesterday. But the deadline will now be next Friday, following queries received by the Department of Finance on how the lump sum being offered for early retirees will be paid …” (more)

[Harry McGee, Irish Times, 17 October]

Student debt: ‘It made me feel scared – very scared’

Posted in Legal issues with tags , on 17 October 2009 by Steve

UK“Once upon a time, graduates could leave university relatively debt-free and walk straight into well-paid jobs, their first taste of big borrowing being the mortgage on their starter home (roses round the door being optional). Today that seems like a plotline out of Narnia. Besides ever tougher job prospects, the majority of graduates now have to contend with an avalanche of debt, owed to the Student Loans company and high street financial organisations, not to mention ‘the bank of mum and dad’ …” (more)

[Beverley D’Silva, Guardian, 17 October]