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Public Sector Pensions

Dáil Éireann Debate, Wednesday - 14 December 2022

Wednesday, 14 December 2022

Ceisteanna (32)

Richard Bruton

Ceist:

32. Deputy Richard Bruton asked the Minister for the Environment, Climate and Communications if he has a role in deciding whether the pension fund in the State bodies under his authority are providing sufficient increases to their members to match rising costs of living, where the fund has adequate resources to pay more; and if he will make a statement on the matter. [62550/22]

Amharc ar fhreagra

Freagraí scríofa

The operation and funding of pension schemes for employees in Bodies under the aegis of my Department is an operational matter for each Body. The respective responsibilities of the Department and the State Bodies are set out in the Remuneration and Superannuation Protocol of the Code of Practice for the Governance of State Bodies and in Department of Public Expenditure and Reform (DPER) Circular 16 of 2021. Where an increase is submitted to me for Ministerial consent, NewERA’s views on the proposal are sought and it is then assessed by my Department and the Department of Public Expenditure and Reform in accordance with the advice provided by NewERA and the requirements of DPER Circular 16/2021.

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