Under paragraph 11 of the rules of the Coillte Teoranta Main Superannuation Scheme, Coillte may grant discretionary pension increases which are subject to the approval of the Minister for Agriculture, Food and the Marine, with the concurrence of the Minister for Public Expenditure and Reform.
In line with the Code of Practice for the Governance of State Bodies 2016 and Department of Public Expenditure and Reform Circular 16 of 2021, the authorisation of the Minister for Agriculture, Food and the Marine for a pension increase has been communicated to my Department along with a request for my concurrence.
Officials in my Department are currently reviewing the business case and a determination will be made in the near future.