Shane Ross (Dublin Rathdown, Independent) | Oireachtas source

I propose to take Questions Nos. 10 and 35 together.

I refer Deputy Barry to the answer given to Parliamentary Question No. 2, for which he was present. Issues in regard to the CIÉ pension scheme are primarily a matter for the CIÉ group, its employees and the trustees of the pension scheme.

The employees of CIÉ group companies, Bus Átha Cliath, Bus Éireann, Iarnród Éireann, and CIÉ itself are provided pension benefits on retirement from one of two schemes – the regular wages scheme or the superannuation scheme. Both schemes are defined benefit schemes. The current CIÉ funded pension schemes are in line with other pension schemes in the private and commercial semi-State sectors which are generally funded schemes. CIÉ’s contributions to both schemes are determined on the basis of advice of the actuary and the rules of the schemes. CIÉ has advised that it has complied with its contribution requirements under SI 323/2000 and SI 205/2010.

See this speech in context