Dáil debates

Tuesday, 14 June 2016

Topical Issue Debate

Defined Benefit Pension Schemes

5:55 pm

Photo of Willie PenroseWillie 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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