Written answers
Thursday, 11 April 2019
Department of Housing, Planning, and Local Government
Defined Benefit Pension Schemes
Mary Lou McDonald (Dublin Central, Sinn Fein)
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209. To ask the Minister for Housing, Planning, and Local Government if a defined benefit pension scheme (details supplied) has been closed; and if he will make a statement on the matter. [17033/19]
Eoghan Murphy (Dublin Bay South, Fine Gael)
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The Ervia defined benefit pension scheme is closed to new members. Historically, Ervia provided retirement benefits for the majority of its employees through defined benefit schemes . As part of a programme of pay and pension reform agreed with staff and unions, Ervia closed the defined benefit scheme to new entrants with effect from February 2014 and agreed, subject to Ministerial consent, to introduce a defined contribution scheme for new entrants. A PRSA scheme was offered to new entrants in the period following closure of the defined benefit scheme, until the defined contribution scheme was introduced following Ministerial approval. Ministerial approval was given in April 2016 and the scheme commenced on 30 August 2016.
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