Oireachtas Joint and Select Committees
Thursday, 18 January 2024
Public Accounts Committee
Business of Committee
9:30 am
Brian Stanley (Laois-Offaly, Sinn Fein)
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A couple of decades ago, there was a feeling that those who were on those pension schemes, who did not get the State pension but had this employment pension into which people paid a lot of money over the years, were well looked after, but in this case those who are the lowest-paid workers in CIÉ are the most significantly affected. It is my understanding they are coming out worst off in this because, obviously, the level of pension they are entitled to is a lot lower than that of higher-paid workers. They are in a very difficult position. At one time people in other forms of employment would have looked on them with envy. Bord na Móna is an example of this.