Dáil Éireann Debate, Wednesday - 17 November 2021
65. Deputy Paul McAuliffe asked the Minister for Transport further to Parliamentary Question No. 199 of 27 July 2021, when he expects the statutory instruments to be signed for a pension scheme (details supplied); and if he will make a statement on the matter. [56475/21]
View answerThe 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.
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 prepared and submitted a consolidated draft Statutory Instrument to give effect to the proposed changes to the scheme which is being considered by my Department in conjunction with NewERA.I further wish to advise that the rules governing the 1951 scheme are currently subject to ongoing legal proceedings before the Commercial Court. As such, being sub-judice, it is not appropriate for me to comment further on the matter.
