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Defined Benefit Pension Schemes

Dáil Éireann Debate, Tuesday - 19 July 2016

Tuesday, 19 July 2016

Ceisteanna (457)

Michael McGrath

Ceist:

457. Deputy Michael McGrath asked the Minister for Social Protection the number of defined benefit schemes here; the number of active members in the defined benefit schemes; the number of deferred members of defined benefit schemes; the number of pensioners in defined benefit schemes; and if he will make a statement on the matter. [22628/16]

Amharc ar fhreagra

Freagraí scríofa

The information below most contains the most recent ‘Annual Actuarial Data’ returns submitted to the Pensions Authority by funded Defined Benefit schemes:

-

Including schemes in wind-up

Excluding schemes in wind-up

Number of defined benefit schemes subject to the funding standard

685

653

Number of active members in the defined benefit schemes;

135,571

133,565

Number of deferred members of defined benefit schemes;

426,499

413,677

Number of pensioners in defined benefit schemes;

102,105

100,607

It should also be noted that figures available to the Pensions Authority indicate there are 99 unfunded Defined Benefit schemes with approximately 340,000 active members. As these schemes are not subject to the funding standard, a more detailed breakdown of membership numbers would be available through the Minister for Public Expenditure and Reform.

I hope this clarifies the matter for the Deputy.

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