Thursday, 5 March 2020
Department of Communications, Climate Action and Environment
1011. To ask the Minister for Communications, Climate Action and Environment if sanction will be given for an increase for pensioners in the RTÉ superannuation pension scheme; the details of requests he has received to sanction such an increase; and if he will make a statement on the matter. [3336/20]
As Minister for Communications, Climate Action and Environment, I have responsibility for the governance of RTÉ to ensure the company is fully compliant with the Code of Practice for the Governance of State bodies and the governance functions included in the legislative and regulatory framework for broadcasting.
The RTÉ Superannuation Scheme is a funded, contributory defined benefit scheme, established under legislation and sponsored by RTÉ. The scheme is managed by a board of trustees who have responsibility for overseeing the schemes’ operations, including the investment of the schemes’ assets.
The proposal for a 1% pension increase was submitted to this Department seeking Ministerial approval and consent, as required under the governing legislation. The proposed increase was proposed and agreed to by RTÉ Trustees and RTÉ Management.
Section 85 of the RTÉ Superannuation Scheme provides for authorisation of increases from time to time; this matter is for determination by the Minister for Public Expenditure and Reform.
The proposed pension increase for RTÉ Pensioners was the subject of detailed engagement with between my Department, the Department of Public Expenditure and Reform, NewEra, RTÉ and the RTÉ pension scheme trustees. A decision will be communicated to all parties shortly.