Retirement grace period extended to the end of June 2015

By piofficer, Tuesday, 1st April 2014 | 0 comments

Following ongoing discussions between the Public Services Committee of ICTU (of which TUI is a member) and the Government, Government has now agreed to extend the retirement ‘grace period’ under the Haddington Road Agreement to the end of June 2015.

This means that TUI members that retire before the 30th of June 2015 are entitled to have their pensions and pension lump sums calculated as if the pay reduction under the Haddington Road Agreement, as well as any incremental pause or freeze, had not been applied to their salary.

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