Oireachtas Joint and Select Committees

Wednesday, 25 January 2023

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Industrial Relations (Provisions in Respect of Pension Entitlements of Retired Workers) Bill 2021: Discussion

Photo of Richard BrutonRichard Bruton (Dublin Bay North, Fine Gael) | Oireachtas source

However, this is what makes the issue so difficult; it is opening up this territory.

On Waterford Crystal, a ruling was made that the Government had an obligation to have a compensation fund where the fund has run out. I want to get an understanding of the situation. The Waterford Crystal Pension Action Group is a group of workers who were excluded from getting the benefit because they accepted voluntary redundancy. What was the scale of the benefit lost? Per worker, roughly speaking, how much have the members who accepted voluntary redundancy and are now outside the scheme typically suffered?

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