Enda Kenny (Mayo, Fine Gael) | Oireachtas source

This is a matter in respect of defined benefit contributions, which have caused a number of difficulties over the period. The last actual certificates filled by defined benefit schemes with the Pensions Authority show that more than 60% meet the standard and the remaining schemes have recovery plans. There is concern the certificates due in the coming months will show significant deterioration. The operation of a pension scheme is in the first instance a matter for the trustees of the particular scheme. The Minister recently met the chairperson of the Pensions Authority. He has asked the authority to report back to him with an assessment of the current overall position on defined benefit schemes. He will report to the House when it comes back to him.

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