Dáil debates
Tuesday, 14 June 2016
Topical Issue Debate
Defined Benefit Pension Schemes
5:55 pm
Willie Penrose (Longford-Westmeath, Labour) | Oireachtas source
In recent years they doubled their contribution from 5% to 10% of their wages, and that was accepted by the Pensions Board in February 2012. It is pushing matters to say that this decision to close the scheme was taken just prior to the staff being informed. I have no doubt there was a great deal of evaluation and assessment carried out by the professionals involved. That is why I believe the way the staff were treated is disgraceful. I trust the Minister will deal with this in a comprehensive fashion.
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