Fergus O'Dowd (Louth, Fine Gael)
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Question 681: To ask the Minister for Transport if he will report on the status of the Irish Aviation Authority pension fund; and if he will make a statement on the matter. [30005/08]

Noel Dempsey (Meath West, Fianna Fail)
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The status of the Irish Aviation Authority (IAA) pension fund is reported in the IAA's Annual Report for 2007. The report indicates a deficit of some €64m as at 31 December 2007.

It is a matter for the Authority, the trustees of the pension scheme and the employees of the Authority in the first instance to determine how this deficit is best addressed. The Authority has raised some issues with my Department and further discussions are to take place on these.