Written answers

Thursday, 18 July 2013

Department of Communications, Energy and Natural Resources

Departmental Agencies Pension Provisions

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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439. To ask the Minister for Communications, Energy and Natural Resources in respect of each State agency and commercial State company under the aegis of his Department, if he will provide details of the name of each pension scheme; details of the salary percentage contributions made by the employer and the employees; the latest information on the funding position of the scheme; if any changes are planned; and if he will make a statement on the matter. [36368/13]

Photo of Pat RabbittePat Rabbitte (Minister, Department of Communications, Energy and Natural Resources; Dublin South West, Labour)
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I wish to advise the Deputy that any issues regarding pension schemes for employees in Bodies under the aegis of my Department is an operational matter for each Body.

In July last year the Public Service Pensions (Single Scheme and Other Provisions) Act 2012 became law and introduced the new Single Public Service Pension Scheme ("Single Scheme"), which commenced with effect from 1st January 2013. All new entrants to pensionable employment in a public service body (as defined in the Act) are, in general, members of the Single Scheme. The scheme does not apply to larger commercial State Bodies including the ESB, EirGrid, An Post, BGÉ, Bord na Móna, RTÉ and Teilifís na Gaeilge.

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