asked the Minister for Industry and Energy if he will give particulars of the weekly pensions under the Bord na Móna superannuation schemes in the form of a reply to a Parliamentary Question on 18 December 1969.
Written Answers. - Bord na Móna Superannuation Schemes.
Following is the information requested:—
REGULAR WORKS EMPLOYEE'S SUPERANNUATION SCHEME
(a) No. of employees covered |
4521 |
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1979 |
1980 |
1981 |
||||
(b) Annual income from employees' contributions in each of last three years |
as at 31st March |
£382,098 |
£476,952 |
£922,455 |
||
*(c) Number of pensioners and the monthly amount paid in pensions at a recent convenient date |
as at 30/11/1981 |
521 |
£43,671.25 |
|||
(d) Amount outstanding to the credit of the Scheme at latest available date |
£6,939,382 as at 30/9/1981 |
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(e) How is the money invested? |
Trustee securities, investments authorised by the Minister and in the Head Office site |
|||||
1979 |
1980 |
1981 |
||||
(f) Income from investments over the past three years |
as at 31st March |
£429,451 |
£512,917 |
£571,994 |
||
(g) Total amount paid in pensions over the past three years |
as at 31st March |
£202,723 |
£274,633 |
£334,554 |
||
(h) The cost of administration of the Scheme for the past three years |
as at 31st March |
£26,216 |
£30,782 |
£37,020 |
||
(Total administration costs for all three Schemes). |
*Pensions in this Scheme are co-ordinated with Social Welfare pensions.
GENERAL EMPLOYEES' SUPERANNUATION SCHEME
(a) No. of employees covered |
842 |
|||||
1979 |
1980 |
1981 |
||||
(b) Annual income from employees' contributions in each of last three years |
as at 31st March |
£216,522 |
£262,571 |
£305,530 |
||
(c) Number of pensioners and the monthly amount paid in pensions at a recent convenient date |
as at 30/11/1981 |
70 |
£26,714.10 |
|||
(d) Amount outstanding to the credit of the Scheme at latest available date |
£4,777,095 as at 30/9/1981 |
|||||
(e) How is the money invested? |
Trustee securities, investments authorised by the Minister and in the Head Office site |
|||||
1979 |
1980 |
1981 |
||||
(f) Income from investments over the past three years |
as at 31st March |
£308,591 |
£384,348 |
£453,033 |
||
(g) Total amount paid in pensions over the past three years |
as at 31st March |
£124,627 |
£153,918 |
£202,702 |
||
(h) The cost of administration of the Scheme for the past |
||||||
three years |
(See under Regular Works Employee's Superannuation Scheme) |
WIDOWS' & CHILDREN'S PENSION SCHEME
(a) No. of employees covered |
687 |
|||||
1979 |
1980 |
1981 |
||||
(b) Annual income from employees' contributions in each of last three years |
as at 31st March |
£56,953 |
£68,043 |
£85,912 |
||
(c) Number of pensioners and the monthly amount paid in pensions at a recent convenient date |
as at 30/11/1981 |
30 |
£7,996.31 |
|||
(d) Amount outstanding to the credit of the Scheme at latest available date |
£831,174 as at 30/9/1981 |
|||||
(e) How is the money invested? |
Trustee securities, investments authorised by the Minister |
|||||
1979 |
1980 |
1981 |
||||
(f) Income from investments over the past three years |
as at 31st March |
£48,234 |
£40,935 |
£69,281 |
||
(g) Total amount paid in pensions over the past three years |
as at 31st March |
£51,240 |
£60,976 |
£71,768 |
||
(h) The cost of administration of the Scheme for the past three years |
(See under Regular Works Employees' Superannuation Scheme) |