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Pension Provisions

Dáil Éireann Debate, Wednesday - 15 November 2023

Wednesday, 15 November 2023

Questions (37)

Cathal Crowe

Question:

37. Deputy Cathal Crowe asked the Minister for Transport if he can provide details of the legislative basis on which authority for the Irish Aviation Authority's staff superannuation scheme 1996 has been passed from the IAA to AirNav Ireland; and if he will make a statement on the matter. [50029/23]

View answer

Written answers

Membership of the Irish Aviation Authority ("IAA") Staff Superannuation Scheme 1996 comprises staff members who joined the IAA before 1 April 2008.

Section 41 of the Irish Aviation Authority Act 1993 provides for IAA to prepare schemes for the granting of superannuation benefits to members of staff of the IAA.

Section 37 of the Air Navigation and Transport Act 2022 provides for the transfer of IAA staff working in connection with air navigation service provision to AirNav Ireland on the Vesting day of AirNav Ireland and for all other staff to remain members of staff of the IAA.

Section 38 of the Air Navigation and Transport Act 2022 provides for AirNav Ireland to prepare schemes for the granting of superannuation benefits to members of staff of AirNav Ireland.

Sections 37 and 38 provide that IAA and AirNav must provide superannuation schemes for staff on terms and conditions to which they were entitled immediately before Vesting Day.

Pursuant to these provisions, and agreement between the IAA and AirNav Ireland, past service liabilities of existing IAA superannuation schemes became the responsibility of AirNav Ireland on Vesting day 1 May 2023.

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