Oireachtas Joint and Select Committees

Wednesday, 7 March 2018

Joint Oireachtas Committee on Transport, Tourism and Sport

CIÉ Group Pensions: Discussion

9:30 am

Mr. Ronan Gill:

I wish to make a last point. We heard earlier that there are 16,000 participants in the schemes. The substance of the discussion for the past 45 minutes has been about 25% of those. There is significant agreement around 75%, the regular wages scheme. There is a path forward in that space. CIÉ wishes to try to move this forward. We know we must do this by agreement. We have already outlined to colleagues that the statutory instruments require us to do it by agreement and CIÉ remains committed to funding the schemes in accordance with the rules. The committee is a separate entity in its own right. It can engage. We ask that the employee members would join the committee, release whatever questions they may have at the committee and the committee can determine how to progress them.

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