Written answers
Tuesday, 1 October 2013
Department of Transport, Tourism and Sport
Pension Provisions
John Halligan (Waterford, Independent)
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68. To ask the Minister for Transport, Tourism and Sport if the Dún Laoghaire Harbour Company has prepared a funding proposal in relation to the funding status of the defined benefit pension scheme; and if he will make a statement on the matter. [40888/13]
Leo Varadkar (Dublin West, Fine Gael)
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In common with many such schemes the Dún Laoghaire Harbour Company defined benefit superannuation scheme is in deficit and must therefore submit a funding proposal to the Pensions Board. The preparation and submission of funding proposals is a statutory requirement of the Pensions Acts and regulated by the Pensions Board. I am aware that the Company and the trustees of the scheme have held discussions with scheme members regarding the required funding proposal. The submission of any funding proposal to the Pensions Board is a matter for the trustees of the superannuation scheme and not something in which I or my Department have any role.
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