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Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: There have been no communications on that as yet. Is that the case?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: Are their informal communications on the matter?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: From what I can see, they are speaking about a 1994 agreement that consolidated many older schemes into a superannuation scheme. What view does the board take in the round? Where do matters stand in the context of the CIE Group's consolidated balance sheet? When does CIE envisage certainty for all employees with regard to future certainties around their pension entitlements?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: Is there any specific reason for the deficit increasing from €547 million in 2018 to €777 million in 2019 and €975 million at the end of 2020? That is a significant increase over a two-year period. It was 78% or €428 million, which is a virtual doubling of the deficit. Why has it been so dramatic? Is that down solely to the markets?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: Does Ms Ross have anything to say to the trustees regarding their talks about pursuing a ruling at the High Court on the 1951 superannuation scheme? Does she have anything in particular to say to them with regard to the situation?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: That is what gets one elected.

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: I do not know about that. Never apologise for representing your constituency.

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: Who would the Deputy like to answer first?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: We will write to the NTA in that regard. I call Deputy Cathal Crowe.

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: Does the Senator wish a specific witness to reply?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: We might start with Mr. Murphy from Bus Éireann in that case. The Senator referred to the whole-----

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: I will let the Senator ask a direct question of Mr. Murphy.

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: Can I go back in time? It is an unusual situation to have four chairperson designates, with the chairperson of the group and the operating companies, namely, Bus Éireann, Irish Rail and Dublin Bus. What is the structure? How does the company structure work? What is the interaction between the CIÉ board and the others? There are a relatively small number of employees in...

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: In terms of the strategies around transportation, is that done by the individual companies? CIÉ, as a holding company, has a role in financial probity and stewardship of the entire group. By whom are the assets in the group actually owned?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: That is one of the factors to get certainty around, in terms of the pension scheme, which is fast approaching a deficit of €1 billion. Is that a key concern for Ms Ross, as chair of the holding company?

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: I move to Mr. Murphy of Bus Éireann. I will raise two issues. We have the Limerick-Shannon metropolitan area strategy, which Mr. Murphy will be familiar with, and Bus Éireann has made adjustments in the city, which are to be welcomed, in recent routes. Where stands BusConnects in terms of Limerick? When will that come in? Where does Mr. Murphy see the future in terms of...

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: I am a frequent user of rail. I have used the rail line to come to Dublin for many years. This is coming from a user as much as a politician. The service is highly punctual, staff are very good and broadband coverage has improved significantly but mobile coverage is still dire. If Mr. Allen is looking to encourage people to travel on public transport, the amenities must be there. Things...

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: Which it is.

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: There should be an enhanced commuter service between Limerick, Castleconnell and Birdhill. Castleconnell is a suburb and times of trains serving it are not great. There would be huge take up if the train timetable in respect of Castleconnell were more in keeping with what is necessary for people travelling to work.

Joint Oireachtas Committee on Transport, Tourism and Sport: Engagement with Chairpersons Designate of Bus Éireann, Bus Átha Cliath and Iarnród Éireann (20 Apr 2021)

Kieran O'Donnell: When will Iarnród Éireann make a submission to the Department to upgrade the rail line between Limerick Junction and Limerick city to a double line?

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