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Members to see 3.8 % rise in subs next year

Institution news

SUBSCRIPTIONS WILL rise by an average of 3.8% next year in measures to be endorsed by the ICE Council this month.

The 1% above inflation rise is designed to offset steadily declining membership. Numbers are expected to fall a further 4.4% in 2003, taking the total to less than 67,000. This compares to the 76,700 members on the books in 2000.

Significantly, the number of working members is expected to fall 20% by 2006 to just over 40,000.

Associate members will see the biggest increase: subscriptions are set to rise ú14 to ú163, bringing them into line with those for full members. The move is intended as an incentive to upgrade, as is now possible under dual corporate membership.

Retired members will also see an above average rise to ú41, prompting calls from some Council members for the Institution to do more for its retired members. Technician member rates will rise to ú111.

Council has recently agreed to measures aimed at easing the burden of payment, however, increasing the number of direct debit installments from three to eight. A ú3 discount will apply to members paying by direct debit in one installment only.

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