Pension hikes on way for 170k retired civil servants

The government’s move comes as the two-year freeze on state pension is set to be prolonged

As part of the new public sector pay deal, retired public sector workers will get increases of up to 3 per cent in their annual pensions to match the pay rises being given to existing public sector worker

The government is to give pension hikes to 170,000 retired public servants while continuing a freeze on the state pension.

It comes at a time when the projected liability for paying pensions for all existing and retired public servants is projected to reach €150 billion, up from €114 billion three years ago.

As part of the new public sector pay deal, retired public sector workers will get increases of up to 3 per cent in ...