Results 1-20 of 463 for pension speaker:Eamon Ryan

Written Answers — Department of Transport, Tourism and Sport: Public Sector Pensions (9 Apr 2024)

Eamon Ryan: I propose to take Questions Nos. 205 and 206 together. From 1 May 2023 responsibility for past pensionable remuneration for all Irish Aviation Authority (“IAA”) staff, transferred from the IAA to AirNav Ireland. In line with the Rules of the Pension Plan any increases to pensions in payment are at the discretion of AirNav Ireland, and where proposed are subject to...

Written Answers — Department of Transport, Tourism and Sport: Public Sector Pensions (21 May 2024)

Eamon Ryan: As the Deputy may be aware, the CIÉ Group is actively engaged in introducing changes to their pension schemes aimed at rectifying the significant deficit in order to meet the statutory Minimum Funding Standard (MFS) required by the Pensions Authority. The changes also aim to sustain the pension schemes into the long-term. Concerning pension increases for CIÉ pensioners, I...

Written Answers — Pension Provisions: Pension Provisions (12 May 2009)

Eamon Ryan: The current global economic climate has had a negative impact on pension scheme funds generally, including Bord na Móna schemes. The pension schemes and the emerging pension deficit are matters for the Board of Bord na Móna plc and the Trustees of the Pension Schemes in the first instance. Officials in my Department are in regular contact with Bord na Móna in relation to the schemes. The...

Written Answers — Department of Transport, Tourism and Sport: Irish Aviation Authority (8 Dec 2020)

Eamon Ryan: The Deputy has clarified that he is referring to pensions in the Irish Aviation Authority. The sustainability of Irish Aviation Authority pension schemes is a matter, in the first instance, for the Company and the pension scheme trustees, who are required under law to comply with financial planning rules set by the Pensions Board. 

Written Answers — Department of Transport, Tourism and Sport: Public Sector Pensions (9 Apr 2024)

Eamon Ryan: As the Deputy may be aware, the CIÉ Group is actively engaged in introducing changes to their pension schemes aimed at rectifying the significant deficit in order to meet the statutory Minimum Funding Standard (MFS) required by the Pensions Authority. The changes also aim to sustain the pension schemes into the long-term. As of end December 2022, the Balance Sheet deficit for the two...

Written Answers — Department of Communications, Climate Action and Environment: Public Sector Pensions (14 Jul 2022)

Eamon Ryan: My Department currently employs one person with an abated public service pension.  The public service pension abatement principles are applied in all cases where persons are re-employed by my Department in accordance with Department of Public Expenditure and Reform guidelines and the Public Service Pensions (Single Scheme and Other Provisions) Act 2012. ...

Written Answers — Department of Communications, Climate Action and Environment: Electricity Supply Board (30 Jan 2024)

Eamon Ryan: ...30th July 2021. It applies to all Commercial Semi-State Bodies and requires prior approval by the Minister for Public Expenditure and Reform with regard to severance scheme proposals, amendments to pension schemes required under legislation or scheme rules, and any changes to pension scheme benefits, such as pension increases where Ministerial or Departmental consent is required. My...

Written Answers — Department of Transport, Tourism and Sport: Irish Aviation Authority (17 Dec 2020)

Eamon Ryan: I propose to take Questions Nos. 264, 270 and 272 to 277, inclusive, together. In the first instance, matters relating to pension provisions are between the employer and its employees, who can be represented in negotiations by staff unions. The design and funding of pension schemes are governed by rules and a regulatory framework set out in the Pensions Acts, and all such schemes in the...

Written Answers — Department of Transport, Tourism and Sport: Pension Provisions (28 May 2024)

Eamon Ryan: As the Deputy may be aware, the CIÉ Group is actively engaged in introducing changes to their pension schemes aimed at rectifying the significant deficit in order to meet the statutory Minimum Funding Standard (MFS) required by the Pensions Authority. The changes also aim to sustain the pension schemes into the long-term. Regarding the 1951 Scheme, CIÉ has prepared and submitted a...

Written Answers — Department of Transport, Tourism and Sport: Pension Provisions (1 Jun 2022)

Eamon Ryan: The CIÉ Group has two pension schemes, namely the Regular Wages Scheme ("RWS") and 1951 superannuation scheme ("1951 Scheme") and issues in relation to CIÉ pension schemes are primarily a matter for the trustees of the schemes, the CIÉ Group and their employees. As the Deputy may be aware, the CIÉ Group is actively engaged in introducing changes to the schemes aimed at...

Written Answers — Department of Communications, Climate Action and Environment: Public Sector Pensions (15 Jun 2023)

Eamon Ryan: ...for a 2% increase in pay from 1st January 2023. In addition to this, on foot of a recent Labour Court decision, An Post also wrote to my Department on 9 March seeking approval to make increases to pensions in payment and deferred pensions of a 5% increase from 1 January 2022 and a 1% increase from 1 July 2023. In accordance with the relevant Code of Practice from the Department of Public...

Written Answers — Department of Communications, Climate Action and Environment: Pension Provisions (15 Jun 2023)

Eamon Ryan: ...for a 2% increase in pay from 1st January 2023. In addition to this, on foot of a recent Labour Court decision, An Post also wrote to my Department on 9 March seeking approval to make increases to pensions in payment and deferred pensions of a 5% increase from 1 January 2022 and a 1% increase from 1 July 2023. In accordance with the relevant Code of Practice from the Department of Public...

Written Answers — Department of Transport, Tourism and Sport: Public Transport (17 Jun 2021)

Eamon Ryan: 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”) and issues in relation to CIÉ pension schemes are primarily a matter for the trustees of the schemes,...

Written Answers — Department of Communications, Climate Action and Environment: Pension Provisions (21 Mar 2023)

Eamon Ryan: ...An Post requested an increase of 2% with effect from 1 January 2022. Having sought the necessary advice from NewERA, the relevant Ministerial consents to the payment of an increase of 2% to An Post pensioners with effect from 1 January 2022 were provided to An Post in early September. On 9 March 2023 An Post wrote to the Department seeking consent to the second phase of their current...

Written Answers — Department of Communications, Climate Action and Environment: Public Sector Pensions (30 May 2023)

Eamon Ryan: ...An Post requested an increase of 2% with effect from 1 January 2022. Having sought the necessary advice from NewERA, the relevant Ministerial consents to the payment of an increase of 2% to An Post pensioners with effect from 1 January 2022 were provided to An Post in early September. On 9 March 2023 An Post wrote to the Department seeking consent to the second phase of their current pay...

Written Answers — Department of Communications, Climate Action and Environment: Public Sector Pensions (14 Feb 2023)

Eamon Ryan: In accordance with the relevant Code of Practice from the Department of Public Expenditure, National Development Plan Delivery and Reform, An Post must seek Ministerial approval to increase pensions and deferred pensions for members of the An Post superannuation scheme. Circular 16/2021 states that pension approval requests should be submitted for approval well in advance of any decision to...

Written Answers — Department of Finance: Pensions Data (12 Jul 2018)

Eamon Ryan: 88. To ask the Minister for Finance the amount that would be raised by limiting the tax relief on a pension in cases in which that pension fund has already accumulated enough funds to provide a pension of €48,000 per annum. [32169/18]

Written Answers — Department of Communications, Climate Action and Environment: Pension Provisions (20 Jun 2023)

Eamon Ryan: ...for a 2% increase in pay from 1st January 2023. In addition to this, on foot of a recent Labour Court decision, An Post also wrote to my Department on 9 March seeking approval to make increases to pensions in payment and deferred pensions of a 5% increase from 1 January 2022 and a 1% increase from 1 July 2023. In accordance with the relevant Code of Practice from the Department of...

Written Answers — Pension Provisions: Pension Provisions (12 May 2009)

Eamon Ryan: Matters relating to the An Post pension fund are a matter for the board and management of the company and the trustees of the schemes and one in which I have no direct role. In common with many pension funds, due to the economic downturn, An Post's pension fund is in deficit. An Post's annual report for 2008 shows that, because of its pension deficit at the end of last year, its net assets...

Written Answers — Department of Transport, Tourism and Sport: Córas Iompair Éireann (14 May 2024)

Eamon Ryan: As the Deputy may be aware, the CIÉ Group is actively engaged in introducing changes to their pension schemes aimed at rectifying the significant deficit in order to meet the statutory Minimum Funding Standard (MFS) required by the Pensions Authority. The changes also aim to sustain the pension schemes into the long-term. Regarding the 1951 Scheme, CIÉ has prepared and submitted a...