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. Thomas O'Connor:

It is 66%. As it is in a funding plan, the pension liabilities had to be invested in bonds. The previous Minister for Finance decreed that. It was bolting the door after the horse was gone.

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