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Pension Provisions

Dáil Éireann Debate, Thursday - 28 June 2012

Thursday, 28 June 2012

Questions (268)

Michael Healy-Rae

Question:

272 Deputy Michael Healy-Rae asked the Minister for Transport, Tourism and Sport if he will provide an undertaking that in the event of a takeover of Aer Lingus that the pension rights and entitlements of Aer Lingus employees will be protected; and if he will make a statement on the matter. [31494/12]

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Written answers

As the State is a shareholder in Aer Lingus, I am constrained by the Irish Takeover Panel Rules and other requirements in what I can say in relation to Ryanair's proposed bid for Aer Lingus.

Pension entitlements of Aer Lingus employees are a matter for the Trustees of the Schemes, the companies involved and the members of the schemes.

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