Dáil Éireann Debate, Thursday - 9 September 2021
145. Deputy Dara Calleary asked the Minister for Transport his plans in his capacity as shareholder and the implementation date for a new pension plan for employees of Dublin Bus; and if he will make a statement on the matter. [42635/21]
View answerAs 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”).
In relation to the Regular Wages Scheme, CIÉ has prepared and submitted draft Statutory Instruments (SIs) to give effect to the proposed changes to the scheme. There are a number of steps involved before an SI can be made, including the statutory consultation process.
Concerning the 1951 scheme, members of the scheme were balloted regarding the Labour Court Recommendation which emerged on 23rd November 2020, with a majority voting to accept the proposals. CIÉ has recently prepared and submitted a consolidated draft Statutory Instrument to give effect to the proposed changes to the scheme - this is now being considered by my Department in conjunction with NewERA.
