asked the Minister for Transport and Power (1) the number of wages grade employees covered by Córas Iompair Éireann's superannuation scheme, (2) the annual income from (a) employees' contributions and (b) the board's contributions to the scheme in each of the last five years, (3) the number of pensioners and the weekly amount paid out in pensions for each of the last five years, (4) the amount of the fund as at 31st December, 1969, and (5) how the funds are invested and the amount, if any, invested abroad, and where.
Ceisteanna—Questions. Oral Answers. - CIE Superannuation Scheme.
15.
The reply is in the form of a tabular statement, which, with your permission, a Cheann Comhairle I propose to circulate with the Official Report.
Following is the statement:
CIE Wages Grade Pension Scheme
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Questions |
Answers |
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1965 |
1966 |
1967 |
1968 |
1969 |
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(1) The number of wages grade employees covered by Córas Iompair Éireann's Superannuation Schemes |
12,568 |
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(2) The annual income from:— |
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(a) employees' contributions |
£178,860 |
£229,200 |
£230,466 |
£198,246 |
£205,530 |
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(b) Board's contributions to the scheme in each of the last five years |
£401,601 |
£310,051 |
£310,051 |
£310,051 |
£308,565 |
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(3) The number of pensioners Weekly amount paid out in pensions for each of the last five years. |
3,515 |
3,344 |
3,459 |
3,603 |
3,591 |
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£5,131 |
£5,290 |
£6,570 |
£6,740 |
£7,264 |
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(4) Amount of fund as at 31st December, 1969 |
£6,542,193 |
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(5) How the funds are invested and the amount, if any, invested abroad, and where. |
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The funds are invested in Trustee Stock. No amount is invested abroad. |