Paschal Mooney (Fianna Fail) | Oireachtas source

I move recommendation No. 8:

In page 4, between lines 21 and 22, to insert the following:“Amendment of Pensions Act 1990

4. The Pensions Act 1990 is amended by inserting a new section 48A as follows:

“48A.A solvent firm shall not be allowed to close a defined benefit pension scheme except where the scheme has reached a minimum 90 per cent funding standard.".".

This amendment relates primarily to the pension scheme operated by Aer Lingus. I reserve the right to make a contribution later.