Written answers
Thursday, 19 February 2015
Department of Transport, Tourism and Sport
Irish Airlines Superannuation Scheme
Terence Flanagan (Dublin North East, Independent)
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222. To ask the Minister for Transport, Tourism and Sport if consideration has been given to carrying out an investigation, regarding the management of the Irish Airlines Superannuation Scheme, IASS, pension fund in recent years; and if he will make a statement on the matter. [7618/15]
Paschal Donohoe (Dublin Central, Fine Gael)
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Responsibility for the management of the IASS pension fund rests with the Trustees of the Scheme.
Pension schemes are closely regulated under Irish and European law and the Pensions Authority is the national statutory regulatory authority in Ireland. It is a matter for the Pensions Authority to consider if an investigation is required and I am not aware of any such consideration.
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