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Pension Provisions

Dáil Éireann Debate, Tuesday - 2 July 2013

Tuesday, 2 July 2013

Questions (175, 179, 192, 274)

Jack Wall

Question:

175. Deputy Jack Wall asked the Minister for Finance his views on a submission (details supplied) regarding pensions; if the stated position is acceptable under current legislation; and if he will make a statement on the matter. [31483/13]

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Finian McGrath

Question:

179. Deputy Finian McGrath asked the Minister for Finance his views regarding a Permanent TSB pension scheme in respect of a person (details supplied); and if he will make a statement on the matter. [31539/13]

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Michael Healy-Rae

Question:

192. Deputy Michael Healy-Rae asked the Minister for Finance his views on correspondence (details supplied) regarding pensions; and if he will make a statement on the matter. [31711/13]

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Seán Ó Fearghaíl

Question:

274. Deputy Seán Ó Fearghaíl asked the Minister for Finance if he will address the serious concerns raised in correspondence (details supplied) regarding a deferred pension scheme; and if he will make a statement on the matter. [32157/13]

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Written answers

I propose to take Questions Nos. 175, 179, 192 and 274 together.

As the Deputies will be aware the pension arrangements for the staff of Permanent TSB are a matter for the management of that company and for the trustees of the relevant pension schemes. It would not be appropriate for me to comment on the implications for an individual arising out of any proposed restructuring by Permanent TSB of its defined benefit pension schemes. I understand that that the matter has recently been heard by the Labour Court.

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