Oireachtas Joint and Select Committees

Thursday, 15 June 2017

Joint Oireachtas Committee on Social Protection

Pension Schemes: Discussion

10:30 am

Photo of John BradyJohn Brady (Wicklow, Sinn Fein) | Oireachtas source

Mr. O'Brien said IBEC would support businesses that work with their employees to ensure the schemes survive but large companies such as Irish Life clearly have not been working with their employees and they have wound these schemes down. I refer to Irish Life because it has one of the more high-profile schemes. It has a huge surplus and there has been no engagement with employees. The company is proceeding to wind the scheme down. Does IBEC support that?

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