Just prior to the talk I got the news that my basic salary is being cut by the government (5% for the first 30,000, 7.5% for the next 40,000, and 10% for anything over that - only for those working in the public sector). That's on top of a cut so far this year of take home pay of 15% (made up of pension levy, income levy, health levy, and an increase in the ceiling of social insurance payments [PRSI]). All in all, I think I'm down about 22% on the start of the year. They've also changed my pension from being based on final salary to my average annual salary over my entire career. I'm well paid, so I'll cope okay. It's the people who are low earners I feel sorry for. They're being squeezed because of the follies of the neoliberal policies designed to bloat the coffers of the already wealthy.
On the positive side, I got a new set of bookcases installed (right). Plenty of space there to fill up! Hopefully that's future proofed me for a while.
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