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Pension Provisions

Dáil Éireann Debate, Tuesday - 3 November 2020

Tuesday, 3 November 2020

Ceisteanna (1481)

Alan Kelly

Ceist:

1481. Deputy Alan Kelly asked the Minister for Agriculture, Food and the Marine the reason it is taking so long to set up the defined contribution pension fund for workers (details supplied); and the reason it has taken so long for successive Ministers for Agriculture, Food and the Marine and Finance to sign off on this proposal. [33729/20]

Amharc ar fhreagra

Freagraí scríofa

Under Section 44 of the Forestry Act 1988, the introduction by Medite (a subsidary of Coillte CGA) of a scheme for the granting of pensions requires the approval of the Minister for Agriculture Food and the Marine, as the Department with responsibility for the oversight of Coillte, with the concurrence of the Minister for Public Expenditure and Reform.

This approval has been given by both Ministers and the Scheme Trust Deeds, which already bear the signature and seal of the Minister for Agriculture, Food and the Marine, are awaiting signature by Minister for Public Expenditure and Reform, which is expected to happen this week. The Deed will then be available for collection by Coillte and the scheme can commence.

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