Dáil Éireann Debate, Tuesday - 8 February 2022
224. Deputy Bríd Smith asked the Minister for Transport the status of the signing of a statutory instrument to allow for improvements in the regular wages scheme for CIÉ workers; and when this statutory instrument can be expected to be finalised. [6247/22]
View answerCIÉ has prepared and submitted draft Statutory Instruments (SIs) to give effect to the proposed changes to the Regular Wages Scheme (RWS). These changes involve significant amendments which are necessary to address the Minimum Funding Standard requirements under the Pensions Act. These changes have been agreed by the trustees of the Scheme, the employees and the CIÉ Group following extensive and prolonged engagement between all parties.There are a number of steps before an SI can be made, including the statutory consultation process. As such, and in accordance with the provisions of Section 44(3) of the Transport Act 1950, I directed CIÉ to publish a statutory notice of the SIs in Iris Oifigiúil, which was advertised on the 14th of January 2022. Within 45 days from the publication of this notice, any person may make objections and representations in relation to the Scheme to me. I must consider any objections or representations which have been made during this period, prior to confirming a Scheme or any amendments to such Scheme. In advance of reviewing all submissions it is not possible at this time to provide a date for finalisation; however, I would like to reassure the Deputy that my Department and I, in conjunction with advisors from NewERA, will seek to finalise the SIs as expeditiously as possible.
