Seanad debates

Tuesday, 18 November 2014

Irish Airlines Superannuation Scheme: Statements

 

6:50 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

We now face a situation where we have a deficit of between €750 million and €800 million. That is the scale of the issue we face. The trustees wrote to me to say that, on the basis of all the work that has been done and all of the engagement that has taken place, they believe this to be the best outcome achievable in these circumstances.

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