Dáil Éireann Debate, Tuesday - 1 October 2013
68. Deputy John Halligan asked the Minister for Transport, Tourism and Sport if the Dún Laoghaire Harbour Company has prepared a funding proposal in relation to the funding status of the defined benefit pension scheme; and if he will make a statement on the matter. [40888/13]
Amharc ar fhreagraIn common with many such schemes the Dún Laoghaire Harbour Company defined benefit superannuation scheme is in deficit and must therefore submit a funding proposal to the Pensions Board. The preparation and submission of funding proposals is a statutory requirement of the Pensions Acts and regulated by the Pensions Board. I am aware that the Company and the trustees of the scheme have held discussions with scheme members regarding the required funding proposal. The submission of any funding proposal to the Pensions Board is a matter for the trustees of the superannuation scheme and not something in which I or my Department have any role.
