Written answers

Tuesday, 19 July 2016

Department of Social Protection

Defined Benefit Pension Schemes

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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457. To ask the Minister for Social Protection the number of defined benefit schemes here; the number of active members in the defined benefit schemes; the number of deferred members of defined benefit schemes; the number of pensioners in defined benefit schemes; and if he will make a statement on the matter. [22628/16]

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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The information below most contains the most recent ‘Annual Actuarial Data’ returns submitted to the Pensions Authority by funded Defined Benefit schemes:

-Including schemes in wind-upExcluding schemes in wind-up
Number of defined benefit schemes subject to the funding standard685653
Number of active members in the defined benefit schemes;135,571133,565
Number of deferred members of defined benefit schemes; 426,499413,677
Number of pensioners in defined benefit schemes;102,105100,607
It should also be noted that figures available to the Pensions Authority indicate there are 99 unfunded Defined Benefit schemes with approximately 340,000 active members. As these schemes are not subject to the funding standard, a more detailed breakdown of membership numbers would be available through the Minister for Public Expenditure and Reform.

I hope this clarifies the matter for the Deputy.

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