asked the Minister for Transport and Power if he will state in relation to each of the following pension schemes: (1) the CIE Salaried Officers' and Clerks' (GSR) Superannuation Scheme, (ii) the CIE Superannuation Scheme, 1951, (iii) the Railway Clearing System Superannuation Scheme, and (iv) the DUTC Group Life Scheme, the amount of contribution to the scheme paid by (a) the employees and (b) Córas Iompair Éireann expressed as a percentage.
Ceisteanna—Questions. Oral Answers. - Pension Schemes.
With your permission, a Cheann Comhairle, I propose to circulate a tabular statement with the Official Report giving the information required by the Deputy.
Following is the statement:—
TABLE showing the percentage of contributions to various pension schemes, paid by CIE and by the members.
Scheme |
Paid by CIE |
Paid by the members |
CIE Salaried Officers' and Clerks' (GSR) Superannuation Scheme |
50% |
50% |
CIE Superannuation Scheme (1951) |
50% |
50% |
Railway Clearing System Superannuation Scheme |
64½%* |
35½% |
DUTC Group Life Scheme |
66?% |
33?% |
* CIE's contribution includes a payment towards a deficiency in the fund of this scheme and if this payment were excluded the Board's contribution and the members' contribution would each be 50% of the total contributions.