Written answers

Wednesday, 14 February 2018

Department of Transport, Tourism and Sport

Pension Schemes

Photo of Maureen O'SullivanMaureen O'Sullivan (Dublin Central, Independent)
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265. To ask the Minister for Transport, Tourism and Sport the way in which he can address the issue of the 10,000 active members of the two CIÉ pension schemes, their need for independent legal advice and the need for an independent investigation into the governance of the schemes; and his plans to actively engage with the 10,000 members of the schemes. [7781/18]

Photo of Shane RossShane Ross (Dublin Rathdown, Independent)
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Issues in relation to Córas Iompair Éireann (CIÉ) pension schemes are primarily a matter for the trustees of the pension schemes, the CIÉ Group and their employees.

In a Topical Issues debate in this House on 6 December 2017, I outlined the challenges faced in addressing the solvency of the schemes and the process underway to address the deficit which involves detailed discussion between CIÉ and employee representatives, facilitated by the Workplace Relations Commission (WRC). I said that CIÉ was on record at the WRC that it will not impose any change that it proposes without the agreement of the active members of both schemes and that it will continue to contribute to both schemes in accordance with the rules of the schemes. I am informed that this remains CIÉ's position in order to bring about a set of proposals that could form the basis of the trustees' submission to the Pensions Authority.

I have referred this question to CIÉ for direct reply. Please advise my private office if you do not receive a response within ten working days.

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