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Pension Provisions

Dáil Éireann Debate, Wednesday - 17 February 2021

Wednesday, 17 February 2021

Ceisteanna (110)

Catherine Murphy

Ceist:

110. Deputy Catherine Murphy asked the Minister for Transport when he plans to implement changes to the pension plan for Irish Rail workers which was voted upon by the workers in 2020; and if he will make a statement on the matter. [8725/21]

Amharc ar fhreagra

Freagraí scríofa

As Minister for Transport, I have responsibility for policy and overall funding in relation to public transport in Ireland.

The CIÉ Group has two pension schemes, namely the Regular Wages Scheme (“RWS”) and 1951 superannuation scheme (“1951 Scheme”), of which all employees of the subsidiary companies, including Irish Rail, are members. Issues in relation to CIÉ pension schemes are primarily a matter for the trustees of the schemes, the CIÉ Group and their employees.

In relation to the RWS, it is understood that the Scheme Trustees are progressing a funding proposal and draft Statutory Instruments will be submitted to my Department in due course.

Concerning the 1951 scheme, I understand that proposals related to the scheme were referred to the Labour Court, and a recommendation which emerged on 23rd November is being considered by both the Trade Unions and the Company.

I have therefore referred the Deputy’s question to CIÉ for direct reply. Please advise my private office if you do not receive a response within ten working days.

A referred reply was forwarded to the Deputy under Standing Order 51
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