Richard O'Donoghue
Question:193. Deputy Richard O'Donoghue asked the Minister for Transport if he will address a matter (details supplied) regarding a CIÉ pension; and if he will make a statement on the matter. [11678/22]
View answerTuesday, 1 March 2022
Questions (193)
Written answers
Issues in relation to CIÉ pension schemes are primarily a matter for the trustees of the schemes, the CIÉ Group and their employees.
In terms of background information, members of the 1951 Scheme were balloted regarding a 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.
Concerning the Deputy's specific query, regarding increases in line with inflation and the increase in the cost of living, I have forwarded your question to CIÉ for direct reply. Please advise my private office if you do not receive a response within ten working days.