Oireachtas Joint and Select Committees

Wednesday, 7 March 2018

Joint Oireachtas Committee on Transport, Tourism and Sport

CIÉ Group Pensions: Discussion

9:30 am

Photo of Gerard CraughwellGerard Craughwell (Independent) | Oireachtas source

If this were a private company quoted on the Stock Exchange and profits were not going right, the board would be replaced by the shareholders. I agree with Mr. O'Leary that statutory instruments are involved in this pension scheme which makes it a public pension scheme as far as I am concerned. If there are problems there, why are the workers paying? Why does the worker always carry the can? We saw this recently in Aer Lingus and this is the reason I came to this meeting.

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