Dan Wallace
Question:20 Mr. D. Wallace asked the Minister for Transport, Energy and Communications if the ESB pension funds will remain viable after his plans to reduce the workforce by some 3,000 at a cost of up to £300 million. [8962/95]
Vol. 454 No. 7
20 Mr. D. Wallace asked the Minister for Transport, Energy and Communications if the ESB pension funds will remain viable after his plans to reduce the workforce by some 3,000 at a cost of up to £300 million. [8962/95]
The ESB has fully considered the impact on the superannuation fund of staff leaving on voluntary severance and the board has assured me that the viability of the fund will not be affected.