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Pension Provisions

Dáil Éireann Debate, Tuesday - 10 July 2012

Tuesday, 10 July 2012

Questions (526)

Dessie Ellis

Question:

542 Deputy Dessie Ellis asked the Minister for Transport, Tourism and Sport the efforts he is making to aid in the resolution of the shortfall in the Irish aviation superannuation scheme pension fund. [33221/12]

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Written answers

The question refers to the Irish Airlines (General Employees) Superannuation Scheme (IASS).

The IASS is a multi-employer scheme involving Aer Lingus DAA and SR Technics. Resolution of the funding difficulties in the scheme is a matter for the trustees, the companies participating in the scheme and the members and I understand that the parties are participating in discussions with the assistance of the Labour Relations Commission in an effort to find a solution to the current difficulties.

As I have no function in relation to the pension scheme the Department is not a party to these discussions.

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