Originally Posted by
Ventre A Terre
Not quite 2.9% just 2% + a 0.9% non-consolidated payment. Whatever that is!
I might be wrong, but I have a vague recollection from somewhere that the non-consolidated bit means it's not pensionable. Overall better than I had anticipated, but I don't know what that will mean for the next AFPRB given that there's no extra cash above the 1% for this round. In the worst case it could well mean future rises are far lower as budgets try to catch up with the funding required to pay the salaries. Let's see - it's not that long until the speculation starts for the next one given the delays in this one!