Pension Provisions

Dáil Éireann Debate, Thursday - 25 February 2021

Thursday, 25 February 2021

Ceisteanna (112)

Bríd Smith

Ceist:

112. Deputy Bríd Smith asked the Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media the status of planned changes to the rules of a pension scheme (details supplied) and arrangements and the annual administration fees pertaining to the superannuation scheme, specifically the outcome of consideration of this issue by her Department, NewERA and the Department of Public Expenditure and Reform; and if she will make a statement on the matter. [10753/21]

Freagraí scríofa

Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media

As 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.

The proposal to amend the RTÉ Superannuation Scheme is currently under consideration, in consultation with NewEra and the Department of Public Expenditure and Reform. No final decision has been made at this time.