Fergus O'Dowd
Ceist:681 Deputy Fergus O’Dowd asked the Minister for Transport if he will report on the status of the Irish Aviation Authority pension fund; and if he will make a statement on the matter. [30005/08]
Amharc ar fhreagraWednesday, 24 September 2008
Ceisteanna (589)
Freagraí scríofa
The status of the Irish Aviation Authority (IAA) pension fund is reported in the IAA's Annual Report for 2007. The report indicates a deficit of some €64m as at 31 December 2007.
It is a matter for the Authority, the trustees of the pension scheme and the employees of the Authority in the first instance to determine how this deficit is best addressed. The Authority has raised some issues with my Department and further discussions are to take place on these.