Examples of how salary freezing and protection work in practice
Salary protection means that the salary is frozen for four years or until cost of living rises make the target salary catch up with or exceed the current salary. Once the salary is unfrozen, cost of living rises apply.
The examples available to download from the box on the right show how salary freezing and protection over four years work, using three different scenarios. These examples should be understood as illustrations only, not as the only three outcomes of salary protection.
The examples assume cost of living rises of 2.8% over the four year period.
Example 1 illustrates a situation where the target salary applies after less than one year.
Example 2 shows a situation where the salary is reduced to equal the target salary after the four years of protection are complete.