Written answers
Wednesday, 7 November 2012
Department of Finance
Banking Sector Remuneration
Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance if all retired Allied Irish bank employees currently in receipt of an occupational pension from the bank are paid out of the bank's defined benefit pension scheme. [49040/12]
Michael Noonan (Limerick City, Fine Gael)
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I am informed that AIB has a number of defined benefit schemes. All retired AIB employees, currently in receipt of an occupational pension from the bank, are paid out of one of these schemes.
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