Dáil Éireann Debate, Thursday - 1 February 2024
169. Deputy Dara Calleary asked the Minister for the Environment, Climate and Communications if he received a request from a company (details supplied) to sanction an increase for members of its pension scheme; if he is conscious that these pensioners are facing income pressures as a consequence of the lack of an increase; if he will give urgent attention to the request; and if he will make a statement on the matter. [4758/24]
View answer170. Deputy Dara Calleary asked the Minister for the Environment, Climate and Communications the reason it is necessary for a company (details supplied) to seek ministerial permission for a pension increase; what investments have been made by the State in the fund; and if he will make a statement on the matter. [4759/24]
View answerI propose to take Questions Nos. 169 and 170 together.
My Department in conjunction with the Department of Public Expenditure, NDP Delivery and Reform work to ensure that all pension increase requests are processed in a timely manner to ensure that there are minimal delays to the members of such pension schemes.Myself and my colleague, the Minister for Public Expenditure NDP Delivery and Reform, have consented to the 4% increase effective from 1 January 2024, which will now be applied by the ESB Pension Scheme Trustees.
