Pensions Provisions.

Dáil Éireann Debate, Tuesday - 4 May 2004

Tuesday, 4 May 2004

Questions (82)

Seán Ryan

Question:

77 Mr. S. Ryan asked the Minister for Transport the alternative legislative arrangements he will put in place to safeguard the present and future entitlements of CIE pensioners of all grades, having regard to the statutory guarantees relating to the solvency of the two company funds and annual review of pensions as contained in statutory instruments (details supplied) which currently rest with the CIE parent company as a legal entity with adequate source of funding to meet these commitments in view of his proposals for the restructuring of CIE, including the proposal to abolish the parent company CIE. [12471/04]

Written answers

Minister for Transport (Mr. Brennan)

Future pension arrangements are being considered as part of the detailed preparatory work on the restructuring of CIE. The objective of that work is that the current position in relation to pension entitlements and pension security should continue to obtain for the future.