Joan Burton (Dublin West, Labour) | Oireachtas source

In regard to the pension fund, unfortunately, during the previous Government's term, the pension fund was allowed to build up a deficit of approximately €750 million. Fianna Fáil changed pensions legislation in 2009 and this significantly disimproved the position for pensioners and deferred members in various companies, including Aer Lingus.

In the context of the negotiation which was undertaken in regard to saving the pension fund and to rescuing the pensions of the current workers, the retired and deferred workers of Aer Lingus, whom Sinn Féin seems indifferent to, a €60 million package has been agreed specifically for deferred members.

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