Government hopes to complete public sector wage negotiations by December
Finance and Planning Minister, Dr Peter Phillips, says the Government is seeking to complete salary negotiations with the remaining unions representing civil servants by December.
Settlements have been reached with more than 80 per cent of the bargaining units.
Phillips also says all arrears owed to public sector workers during the current fiscal year.
However, he noted that adjustments will have to be made in order to achieve the economic targets for 2016/17, including attaining the agreed ceiling of nine per cent of the Gross Domestic Product (GDP) for basic salaries.
The government is also to discuss not filling posts where attrition occurs; engaging voluntary separation agreements; public sector transformation; and the possible outsourcing of some tasks with public sector unions next fiscal year.
In the meantime, Phillips says a White Paper was presented to the House of Representatives on public sector pension reform.
He says the specific arrangements to be made for implementation are still to be decided by the Cabinet in collaboration with public sector representatives.
The Finance Minister says once a decision is reached, it will be reported to parliament, after consultations with the trade unions involved.