Dáil debates
Thursday, 15 February 2018
Ceisteanna - Questions - Priority Questions
Defined Benefit Pension Schemes
10:40 am
Shane Ross (Dublin Rathdown, Independent) | Oireachtas source
I am not aware of any ministerial directive that they have ignored. I have asked them this question and they have complied with every statutory instrument to which the Deputy refers. It is a tragedy and is very difficult for the members, but it is not unique. The deficit the Deputy talks about is far from unique for people in this situation at the moment. It is a defined benefit scheme.
I think what is happening here is that people are getting together and, quite understandably and maybe quite rightly, making representations to the board, public representatives, me and CIÉ itself about the difficulties in which they find themselves. This has been in and out of the WRC several times and is now largely outside the WRC. The management and workforce have been trying to get together to produce a funding plan which satisfies the Pensions Authority. They have not been able to do that so far at this stage. The last one is what they call "off track". Every effort must be made to get this on track for the benefit of CIÉ and the workforce. I urge them to get back to the WRC. This problem is not uncommon and it is in their interests to resolve it. I have every sympathy for the difficulties in which they find themselves.
No comments