Oireachtas Joint and Select Committees

Wednesday, 16 October 2024

Joint Oireachtas Committee on Transport, Tourism and Sport

Chair Designate of An Post: Discussion.

1:30 pm

Mr. Kieran Mulvey:

No issue in that regard to my knowledge has been escalated to the board. The An Post pension scheme, thankfully, is in rude good health and has an €500 million surplus in it at the moment. We have engaged with the unions around that and the unions have been very flexible with the company on the pension. I am not aware of the issue raised by Deputy Crowe but I will inquire because it is an issue I have been through in other employments, namely, about the transferability of pension benefit. That initially would be a matter of the trustees, who are the payees.

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