Written answers

Tuesday, 7 November 2017

Department of Employment Affairs and Social Protection

Irish Airlines Superannuation Scheme

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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1226. To ask the Minister for Employment Affairs and Social Protection if her attention has been drawn to the substantial cuts imposed on members of the IASS pension scheme in advance of the sale of the State's stake in Aer Lingus; and if she will make a statement on the matter. [46293/17]

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael)
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I am aware of the reduction in pension benefits for members of the IASS pension scheme.

As the Deputy may be aware there is currently a case before the Courts in relation to the IASS pension scheme. Therefore it would be inappropriate for me to comment further on the details of this scheme.

I hope this clarifies the matter for the Deputy.

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal, Fianna Fail)
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1227. To ask the Minister for Employment Affairs and Social Protection if she will consider in the forthcoming social welfare and pensions Bill-specific measures targeted at members of the IASS pension scheme to reduce the impact of cuts to their pension benefits; and if she will make a statement on the matter. [46294/17]

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael)
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The Deputy will appreciate that I cannot intervene in the pension arrangements applying to a particular pension scheme or introduce any measures which would benefit the members of a particular pension scheme to the exclusion of members of similar pension schemes.

While I am very conscious that any reduction in benefits can have a significant impact on scheme members, any such consideration is a matter for the pension scheme trustee, the companies participating in the scheme, the scheme members and the Pensions Authority.

As the Deputy may be aware this scheme is now the subject of legal proceedings. Therefore, it would be inappropriate for me to comment any further on the matter.

I hope this clarifies the matter for the Deputy.

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