Paul Murphy
Question:39. Deputy Paul Murphy asked the Minister for Finance his views on the failure of AIB to honour an agreement on pensions with EBS staff; and if he will make a statement on the matter. [4695/15]
View answerWednesday, 4 February 2015
Questions (39)
Written answers
As the Deputy will be aware under the Relationship Frameworks the State does not intervene in the day to day operations of the banks or their management decisions regarding commercial matters and hence any discussions around pensions and other staff related issues are a matter for the bank, the staff and their union representatives.
I have been informed that the bank is not aware of any current issue with their pension agreements. I understand that following negotiations last year a future funding plan was put in place for the EBS staff pension and this was agreed with the scheme trustees. The plan brings the EBS pension scheme in line with the main AIB scheme and ensures future funding.