Examples of FEMPI (No. 2) Act 2009 in a sentence
The Financial Emergency Measures in the Public Interest (FEMPI) (No. 2) Act 2009 provided for reductions of public service pay rates with effect from 1 January 2010 and was amended by the FEMPI Act 2013 to effect further reductions for employees earning over €65,000 per annum.
In accordance with section 6C of the FEMPI (No. 2) Act 2009 (as inserted by section 3 of the FEMPI Act 2015), the following adjustments to annualised salaries will be applied with effect from 1 April 2018 for those whose annual remuneration is in excess of €110,000 immediately after the HRA reduction: One third of the amount of the reduction incurred under the FEMPI Act 2013 / the Haddington Road Agreement will be restored.
It was increased on 1 September 2019 (1.75%) under the 2017 Act to €40,221.Since his retirement, the fixed periodic allowance which he was paid at retirement has also changed: it was cut by 5% on 1 January 2010 under the FEMPI (No. 2) Act 2009, to €7,600.Dermot’s pension consists of a salary-derived element and a fixed periodic allowance- derived element.
It uses three easily available tools, two of which (GIS and Excel) are very familiar to most analysts.
Section 2 of the FEMPI (No. 2) Act 2009 reduced the remuneration of public servants with effect from 1 January 2010.
In accordance with section 6C of the FEMPI (No. 2) Act 2009 (as inserted by section 3 of the FEMPI Act 2015), the following adjustments to annualised salaries will be applied with effect from 1 January 2018 for those whose annual remuneration is not less than €65,000 and not more than €110,000 after the HRA reduction: The second half of the amount of the reduction incurred under the FEMPI Act 2013/ the Haddington Road Agreement will be restored.
In accordance with section 6C of the FEMPI (No. 2) Act 2009 (as inserted by section 3 of the FEMPI Act 2015), the following adjustments to annualised salaries will be applied with effect from 1 January 2018 for those whose annual remuneration is not less than €65,000 and not more than €110,000 after the HRA reduction: • The second half of the amount of the reduction incurred under the FEMPI Act 2013/ the Haddington Road Agreement will be restored.
The first phase of testing (October) was recommended but not mandatory.
This section requires the Minister to make an order specifying the date by which this restoration must occur, as follows:for a covered public servant, a date after 1 October 2020 but not later than 1 July 2021; andfor a non-covered public servant, on 1 July 2021.This section does not apply where a public servant’s basic salary is equal to or exceeds their salary as it stood prior to the enactment of section 2 of the FEMPI No. 2 Act 2009.
Details of legislation Turning to the details of the legislation: • Section 1 sets out a definition of the Financial Emergency Measures in the Public Interest (FEMPI) No. 2 Act 2009 as the ‘Act of 2009’.