Written answers
Tuesday, 24 March 2015
Department of Transport, Tourism and Sport
Irish Airlines Superannuation Scheme
Clare Daly (Dublin North, United Left)
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990. To ask the Minister for Transport, Tourism and Sport further to Parliamentary Question No. 116 of 10 March 2015, if he will clarify his earlier comments (details supplied) regarding the Irish Airlines (General Employees) Superannuation Scheme; and if he will make a statement on the matter. [11897/15]
Paschal Donohoe (Dublin Central, Fine Gael)
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My response to Parliamentary Question No. 116 of 10 March last is on the record of the House. I said that the fund has received additional support from the employers involved totalling €260 million.
The funding I referred to was provided by the employers outside of the IASS and is intended to mitigate the benefit cuts under the approved IASS funding proposal. The funds were not put into the IASS fund directly and I hope this clarifies my previous comments.
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