Dáil Éireann Debate, Tuesday - 23 March 2010
669 Deputy Joan Burton asked the Minister for Communications, Energy and Natural Resources the position regarding the Bord na Móna staff pension fund; the process for establishing transfer values of the pension rights of individual staff members; the deduction that is applied to such transfer values; and if he will make a statement on the matter. [12608/10]
View answer670 Deputy Joan Burton asked the Minister for Communications, Energy and Natural Resources the financial position of the staff pension scheme at Bord na Móna; the process and formula for calculating the transfer value of individuals’ pension rights from this scheme; the deduction that is being applied to the normal transfer value payable; and if he will make a statement on the matter. [12655/10]
View answerI propose to take Questions Nos. 669 and 670 together.
Under the terms of the Bord na Móna employee superannuation schemes, the transfer of pension rights is a matter for the Trustees of the relevant scheme. I have no role in this matter.
