Common use of Unwinding of FEMPI Clause in Contracts

Unwinding of FEMPI. 5.1.1. As part of the progressive ongoing reduction of the impact on the remuneration and other terms and conditions of all public servants through the Financial Emergency Measures in the Public Interest Acts, the Parties have reached agreement to provide for a fiscally sustainable programme of public service pay measures as follows: 2018 • 1 January 2018 annualised salaries to increase by 1%; • 1 October 2018 annualised salaries to increase by 1%. 2019 • 1 January 2019 annualised salaries up to €30,000 to increase by 1%; • 1 September annualised salaries to increase by 1.75%. 2020 • 1 January 2020 annualised salaries up to €32,000 to increase by 0.5%; • 1 October 2020 annualised salaries to increase by 2%.