Expiration of pay deal may lead to new cuts in 2020

Public servants are facing the prospect of future cuts to their pensions when a new pay deal expires in three years’ time.

The deal gives pay rises worth 6 to 7 per cent for most public servants and protects them from cuts to the value of their pensions, which cost around €3.3 billion a year.

But it specifically includes a clause which states that the pension protections only apply “for the duration of ...