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Pension Provisions

Dáil Éireann Debate, Tuesday - 1 December 2020

Tuesday, 1 December 2020

Questions (167, 197)

Michael McNamara

Question:

167. Deputy Michael McNamara asked the Minister for Transport the reason the new hybrid Irish Aviation Authority, IAA, superannuation pension scheme is being operated without agreement and outside the requirements of the Irish Aviation Authority Act 1993 (details supplied). [39583/20]

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Brian Leddin

Question:

197. Deputy Brian Leddin asked the Minister for Transport if requirements under the Irish Aviation Authority Act 1993 to agree pension schemes with staff for the Minister to approve such pension schemes and for any scheme to be laid before the Houses of the Oireachtas have been complied with for all pension schemes operated by the Irish Aviation Authority; and if he will make a statement on the matter. [40424/20]

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Written answers

I propose to take Questions Nos. 167 and 197 together.

I am satisfied that the requirements of the Irish Aviation Authority Act 1993 have been met in respect of the Irish Aviation Authority pension schemes.

I understand that the 2012 Hybrid scheme is in operation administratively. I will consider Ministerial approval for that scheme when a finalised submission has been made by the company.

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