asked the Minister for Transport when he proposes to authorise the implementation of the recently agreed pension scheme for CIE employees; and the reason for the delay in ratifying the scheme to date.
575.
Vol. 331 No. 12
asked the Minister for Transport when he proposes to authorise the implementation of the recently agreed pension scheme for CIE employees; and the reason for the delay in ratifying the scheme to date.
575.
asked the Minister for Transport if he is aware that some employees of CIE are only receiving a pension of £14.75 per week; and if he proposes to introduce amending legislation to allow for higher pensions.
With the permission of the Ceann Comhairle I propose to take Questions Nos. 574 and 575 together.
I am not in a position, because of present financial considerations as announced by the Minister for Finance in the budget statement of 21 July 1981, to approve at this time the implementation of a definitive wage-service related pension scheme for CIE wages grades employees even if an agreed scheme existed. I am, however, prepared to approve an extension of the existing interim pension scheme, and I have asked CIE to open negotiations to that end. I hope that such a further interim scheme will substantially improve existing pension arrangements. I have also agreed that negotiations between CIE and the unions on the definitive scheme may continue on the understanding that such a scheme could not be introduced until such time as financial considerations permit.