The new Croke Park agreement will be discussed at Cabinet this morning, as trade unions get to grips with the finalised draft deal from the Labour Relations Commission today.
It will see pay cuts of 5.5% for those earning more than €65,000 a year - as well as longer working hours and lower overtime payments.
The deal is also expected to allow for compulsory redundancies in limited circumstances.
Politicians pay will take a hit - with the Taoiseach receiving a reduction of €15,000 per annum.
The Taoiseach says all sides will have time to consider the proposal.
Enda Kenny was speaking on his way into this morning's Cabinet meeting - at which Ministers will be briefed in full on the document - agreed with some of the public sector unions after over 24 hours worth of negotiations yesterday.
Political Correspondent with the Irish Independent Fiach Kelly, says Enda Kenny's current income is far lower than previous Taoisigh:
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