Written answers

Tuesday, 4 May 2004

Department of Transport

Pensions Provisions

8:00 pm

Seán Ryan (Dublin North, Labour)
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Question 77: To ask the Minister for Transport the alternative legislative arrangements he will put in place to safeguard the present and future entitlements of CIE pensioners of all grades, having regard to the statutory guarantees relating to the solvency of the two company funds and annual review of pensions as contained in statutory instruments (details supplied) which currently rest with the CIE parent company as a legal entity with adequate source of funding to meet these commitments in view of his proposals for the restructuring of CIE, including the proposal to abolish the parent company CIE. [12471/04]

Photo of Séamus BrennanSéamus Brennan (Dublin South, Fianna Fail)
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Future pension arrangements are being considered as part of the detailed preparatory work on the restructuring of CIE. The objective of that work is that the current position in relation to pension entitlements and pension security should continue to obtain for the future.

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