Clare Daly (Dublin North, United Left)
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255. To ask the Minister for Social Protection the steps the Pension Authority has taken to ensure that the resolution to the Irish Airlines (General Employees) Superannuation Scheme pension dispute, which involved the winding up of the supplementary pension scheme 2, has been undertaken. [18599/15]

Joan Burton (Dublin West, Labour)
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The resolution of funding difficulties in pension schemes and any implementation of agreed solutions are primarily a matter for the Trustees, the companies participating in the scheme and the scheme members. From a regulatory perspective the Trustees of pension schemes must comply with the provisions in the Pensions Act which, among other things, sets down certain requirements in relation to scheme funding and any wind up of pension schemes. The Pensions Authority is responsible for ensuring scheme compliance with the provisions of the Pensions Act. Should the Pensions Authority become aware that Trustees are not in compliance with the provisions of the Act, it has the power to investigate the state and conduct of a pension scheme.

Concerns regarding the funding of the scheme should be brought to the attention of the Pensions Authority. Scheme members should contact the trustees of the scheme to discuss any other issues they may have.