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Córas Iompair Éireann

Dáil Éireann Debate, Tuesday - 8 December 2020

Tuesday, 8 December 2020

Questions (124)

Pádraig O'Sullivan

Question:

124. Deputy Pádraig O'Sullivan asked the Minister for Transport when he will sign off on a pension agreement (details supplied); if there is a timeframe in relation to same; and if he will make a statement on the matter. [41929/20]

View answer

Written answers

As Minister for Transport, I have responsibility for policy and overall funding in relation to public transport in Ireland. 

The CIÉ Group has two pension schemes, namely the Regular Wages Scheme (“RWS”) and 1951 superannuation scheme (“1951 Scheme”); and issues in relation to CIÉ pension schemes are primarily a matter for the trustees of the schemes, the CIÉ Group and their employees.

In relation to the RWS, it is understood that the Scheme Trustees are progressing a funding proposal and a draft of the Statutory Instrument is currently being prepared by CIE’s external legal advisors. 

Concerning the 1951 scheme, I understand that proposals related to the scheme were referred to the Labour Court, and a recommendation which emerged on 23rd November is currently being considered by both the Trade Unions and the Company.

I have therefore referred the Deputy’s question to CIÉ for direct reply. Please advise my private office if you do not receive a response within ten working days.

A referred reply was forwarded to the Deputy under Standing Order 51
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