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Dáil Éireann debate -
Thursday, 15 Feb 1979

Vol. 311 No. 8

Written Answers. - Bord na Móna Superannuation Scheme.

233.

asked the Minister for Industry, Commerce and Energy the general terms and effect of the Bord na Móna Superannuation Scheme laid before the Oireachtas in January 1979; and if the amending scheme was discussed with or agreed with the Bord na Móna Group of Unions, ICTU.

While the scheme has been laid before the House and is available for inspection I can say for the Deputy's information that its general terms provide for a change in the basis of calculating employees' contributions and pensions, transfer of service with local authorities, payment of a death-in-service gratuity, payment of benefits to a member retiring on redundancy grounds after 20 years' service, revision of pensions and extension of the area of permitted investment by the trustees of the fund.

The scheme was discussed with the unions concerned at the time that it was formulated.

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