🇮🇪 The Irish government has reached a draft public sector wage agreement with unions, which promises average cumulative wage increases of 10.75% until early 2029, subject to approval.
This deal follows the termination of the previous agreement in June, which led to a widespread strike last month, the first since 2009, and the suspension of the second strike planned for Thursday.
The agreement, valid from July 2026 to March, will cost 5.2 billion euros, divided into five budgets. It prioritizes lower-paid public servants, with those earning the least receiving increases of up to 18.3%.
The threshold for these provisions will rise from EUR 50,000 to EUR 60,000.
Specific starting raises include 18.3% for cleaners, 14.6% for police officers and 13.1% for elementary school teachers. The agreement allows testing if significant changes in inflation or economic conditions occur.