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Dáil Éireann debate -
Tuesday, 11 May 1982

Vol. 334 No. 4

Written Answers. - Dublin Port and Docks Board Superannuation Scheme.

612.

asked the Minister for Transport if he will furnish the following particulars of the principal features of the Dublin Port and Docks Board's superannuation scheme: (1) the maximum gratuity, (2) the maximum pension, (3) the contribution per £100 of wages for a gratuity, (4) the contribution per £100 of wages for an occupational pension, (5) the contribution per £100 of wages for a widow's pension and (6) whether the scheme is co-ordinated with social welfare pensions.

Dublin Port and Docks Board have two superannuation schemes, the officers' scheme and the employers' grade A scheme. I presume that the Deputy is referring to the employees' grade A scheme. The information sought is as follows:—

(1) Maximum gratuity: 45/30 of pensionable remuneration (based on 1/30 of pensionable remuneration for each year of pensionable service) i.e. a sum equivalent to one and one half years pay.

(2) Maximum pension: 40/80 of pensionable remuneration (based on 1/80 of pensionable remuneration for each year of pensionable service) i.e. an annual allowance equivalent to one half of final year's pay.

(3) Contribution per £100 of wages for gratuity and (4) Contribution per £100 of wages for occupation pension: 4?% (the percentage contribution is not broken down in respect of (3) or (4).

(5) Contribution per £100 of wages for widows' pension: 1½%

(6) Whether the scheme is co-ordinated with the Social Welfare pensions: The scheme is not co-ordinated with the Social Welfare pensions.

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