Dara Calleary (Mayo, Fianna Fail) | Oireachtas source

I thank the Minister of State for his response. The difficulty is that the trustees' responsibility is to the scheme. There are a lot of responsibilities dictated to them in legislation that deal with the running of the scheme, not with the workers, pensioners, or others who depend on the scheme to feed, heat, and clothe themselves. Placing further responsibilities on the trustees to communicate with and involve pensioners is turning those communications into a box-ticking exercise for the scheme trustees, the Irish Pensions Board, etc. We are trying to legally protect pensioners and give them their stake in the company.

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