Departmental Agencies Pension Provisions

Dáil Éireann Debate, Thursday - 18 July 2013

Thursday, 18 July 2013

Questions (325)

Michael McGrath

Question:

325. Deputy Michael McGrath asked the Minister for Social Protection in respect of each State agency and commercial State company under the aegis of her Department, if she will provide details of the name of each pension scheme; details of the salary percentage contributions made by the employer and the employees; the latest information on the funding position of the scheme; if any changes are planned; and if she will make a statement on the matter. [36378/13]

Written answers

Minister for Social Protection

The Pensions Board, the Citizens Information Board and the Office of the Pensions Ombudsman come under the aegis of my Department. All schemes are unfunded. Details in relation to salary contributions are set out in the following tabular statements.

PENSIONS BOARD

PENSIONS SCHEME	EMPLOYER CONTRIBUTION ( All employer contributions are remitted to Department of Social Protection)	EMPLOYEE CONTRIBUTION *
Pensions Board Staff Pension Scheme	25% of pensionable pay	1.5% of pensionable pay plus 3.5% of net pensionable pay
Pensions Board Spouses’ & Children’s Pension Scheme	25% of pensionable  pay for staff appointed post 1995 and 30% of pensionable pay for staff appointed pre 1995	1.5% of pensionable pay
Single Public Service Pension (Is applicable for New Entrants since Jan 2013)	25% of Pensionable Pay	3% of pensionable pay plus 3.5% of net pensionable pay

CITIZENS INFORMATION BOARD

PENSION SCHEME	EMPLOYER CONTRIBUTION	EMPLOYEE CONTRIBUTION*
The Citizens Information Board Employee Superannuation Scheme	N/A	National Rehabilitation Board staff   (NRB) appointed  pre April 95 who transferred to Comhairle (formerly CIB)   – 5% of pensionable pay  NRB staff appointed post April 95 who transferred to  Comhairle  - 1.5% of pensionable pay plus 3.5% of net pensionable pay National Social Services Board  staff who transferred to Comhairle  and Citizens Information Board staff (formerly Comhairle) -- 1.5% of pensionable pay plus 3.5% of net pensionable pay
The Citizens Information Board Spouses' & Children's Scheme.	N/A	1.5% of pensionable pay
Single Public Service Pension (Is applicable for New Entrants since Jan 2013	N/A	3% of pensionable pay plus 3.5% of net pensionable Pay

OFFICE OF THE PENSIONS OMBUDSMAN

Pension Scheme only relates to the Pension Ombudsman as all other staff in the Office of the Pensions Ombudsman are serving civil servants

PENSION SCHEME	EMPLOYER CONTRIBUTION	EMPLOYEE CONTRIBUTION
Pension Ombudsman's Superannuation Scheme	N/A	1.5% of pensionable pay plus 3.5% of net pensionable pay
Contributory Pension Scheme for the Spouse, Civil Partner and Children of the Pensions Ombudsman	N/A	1.5% of pensionable pay

* Pensionable Pay (Basic salary plus any pensionable allowances)

Net Pensionable Pay (Pensionable pay less twice the annual rate of the maximum Contributory State Pension (CSP) currently payable by the Department of Social Protection.