Oireachtas Joint and Select Committees

Thursday, 5 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with Permanent TSB

10:40 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I will ask Mr. Masding about the staff pension scheme. I note that the bank has ceased making employer contributions to that scheme. What is the status of the defined benefits scheme that was in place for staff and what are the implications for existing staff, deferred pensioners and existing pensioners in terms of benefits?

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