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
Mr. John Nugent:
There is normally an actuarial review every three years in pension schemes, or there may be minimum funding standards submissions made to the Government. When there is any issue surrounding pensions, we would expect and hope to be at the table. For instance, the governance of the ESB pension scheme was negotiated between the company and the ESB group of unions to the exclusion of pensioners, who are major stakeholders in the pension scheme.
No comments