Pension cuts to be returned to retired public servants

The Government has agreed to begin returning pension cuts made to retired public servants during the financial crisis.

The Cabinet has signed off on a proposal from the Public Expenditure Minister Brendan Howlin today targeted at those on low pensions.

Around 90,000 public sector pensioners will benefit at a cost of about €90m over three years.

Under the plan they will receive around €400 next January, €500 in 2017 and €780 in 2018.