Written answers
Wednesday, 24 June 2015
Department of Social Protection
Irish Airlines Superannuation Scheme
Clare Daly (Dublin North, United Left)
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21. To ask the Minister for Social Protection if she is aware of any investigation by The Pension Authority into the Irish Airlines Superannuation Scheme. [24631/15]
Joan Burton (Dublin West, Labour)
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The Pensions Act 1990 provides for the regulation of occupational pension schemes and Personal Retirement Savings Accounts. The Pensions Authority is an independent regulator responsible for supervising the compliance of pension schemes with the Act. Section 18 provides that the Authority has the power to carry out investigations into alleged breaches of the Pensions Act. Neither I nor my Department would be party to any such investigations and I have not received a report on any such investigation.
I would advise the Deputy to formally bring any concerns relating to the management of the IASS pension fund to the attention of the Pensions Authority.
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