Written answers

Tuesday, 28 May 2013

Department of Finance

Pension Provisions

Photo of Brendan GriffinBrendan Griffin (Kerry South, Fine Gael)
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154. To ask the Minister for Finance his views on correspondence (details supplied) regarding a pension scheme; his plans regarding same; and if he will make a statement on the matter. [25246/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware the pension arrangements for the staff of Permanent TSB are a matter for the management of that company and for the trustees of the relevant pension schemes. It would not be appropriate for me to comment on the implications for an individual arising out of any proposed restructuring by Permanent TSB of its defined benefit pension schemes. I understand that a proposal by the company to the trustees in relation to the defined benefit pension schemes is in the process of referral to the Labour Court for discussion with interested parties.

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