Written answers

Wednesday, 7 November 2012

Department of Finance

Banking Sector Remuneration

Photo of Michael McGrathMichael 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]

Photo of Michael NoonanMichael 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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