Dáil Éireann Debate, Tuesday - 3 November 2020
490. Deputy Bríd Smith asked the Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media if she plans to change the rules of the RTÉ pension scheme or similar schemes in view of fears that there may be an effective €30 million or €500,000 per annum raid of assets of the pension savings of retired RTÉ employees; and if she will make a statement on the matter. [32473/20]
Amharc ar fhreagraAs Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, I have responsibility for the governance of RTÉ to ensure the company is fully compliant with the Code of Practice for the Governance of State bodies and the governance functions included in the legislative and regulatory framework for broadcasting.
The RTÉ Superannuation Scheme is a funded, contributory defined benefit scheme, established under legislation and sponsored by RTÉ. The scheme is managed by a board of trustees who have responsibility for overseeing the schemes’ operations, including the investment of the schemes’ assets.
With regard to the specifics of your question concerning planned changes to the rules of the RTÉ pension scheme and arrangements, and the annual administration fees pertaining to the RTÉ Superannuation Scheme I can confirm that the matter is under consideration and my Department is consulting with NewEra and the Department of Public Expenditure and Reform on the matter. No final decision has been made at this time.
