asked the Minister for Transport and Power the reason for the difference in the manner in which superannuation contributions are calculated as between workers employed in the ESB and in Bord na Móna.
Ceisteanna—Questions. Oral Answers. - Workers' Superannuation Contributions.
10.
There is no fundamental difference between the way in which superannuation contributions are calculated for workers employed in the ESB and Bord na Móna. In the case of each body, the relevant legislation provides that the workers and the boards shall pay equal contributions to the superannuation funds. The percentage contribution rates in both bodies are determined actuarially; the rates must, of course, be fixed at a level which will keep the funds solvent and provide the pension benefits agreed between the parties concerned. The funds of both superannuation schemes are examined by the actuaries from time to time and the contribution rates adjusted if necessary.
Is the Minister aware that ESB contributions are based on basic pay plus stand-by pay, whereas in Bord na Móna they are based on actual pay which includes overtime and bonuses and that consequently Bord na Móna workers for the same benefits are paying considerably more by way of superannuation contributions? This may be actuarially necessary but it is unjust.
I am well aware of the problem referred to by the Deputy which arises because of the seasonal type of work in which Bord na Móna is engaged. The unions concerned in Bord na Móna have approached me for a meeting on the scheme and I propose meeting them to tease out the whole matter.
Would the Minister admit that the unions have been arguing this case with the Department for some time and that, in fact, when the scheme was introduced by the Tánaiste, a motion to annul the whole scheme because of this and other matters was debated by the House and has not been overlooked by the trade unions?
I hope to have a practical meeting with the trade unions.