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. Dermot O'Leary:
I wish to make a last point regarding Mr. Gill's assertion that we have some type of roadmap around the regular wages scheme, to paraphrase him. There is one thing to be aware of, and it is important the company understands this. The regular wages discussions were based on the premise that all was sweetness and light with regard to the legal opinion that we are now seeking in terms of the solvency issue, the 1994 piece as it were. Unless those questions are answered, there will be no progress on that issue either. I return to the point I made to Deputy Catherine Murphy. Unless one has clear sight of the problem, one cannot resolve it. It applies to the regular wages scheme as well, to be fair.
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