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Irish Airlines Superannuation Scheme

Dáil Éireann Debate, Wednesday - 4 June 2014

Wednesday, 4 June 2014

Questions (233)

Terence Flanagan

Question:

233. Deputy Terence Flanagan asked the Minister for Transport, Tourism and Sport if the expert panel tasked with investigating the way a final resolution of the industrial relations issues with the IAS scheme can be secured has reported its findings to his Department; the findings of the panel; if any action will be taken to carry out the recommendations; and if he will make a statement on the matter. [23899/14]

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Written answers

The resolution of the funding difficulties in the Irish Airlines Superannuation Scheme (IASS) is a matter for the trustees, the companies participating in the scheme, the members of the schemes and the Pensions Authority. However, following consultations among the Department of Transport, Tourism and Sport, the Department of Jobs, Enterprise and Innovation, IBEC and ICTU, an Expert Panel was established on 3 March 2014 to carry out an investigation of how the industrial relations issues relating to the scheme could be resolved. The Expert Panel's most recent Statement was issued on 30 May saying that the Panel expects to complete its work and make a final report back within two weeks.

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