Written answers

Tuesday, 8 December 2020

Department of Transport, Tourism and Sport

Irish Aviation Authority

Photo of Thomas GouldThomas Gould (Cork North Central, Sinn Fein)
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129. To ask the Minister for Transport, Tourism and Sport if his attention has been drawn to the fact that trustees and actuaries made no provision for future pension increases when determining fund liability; the person or body that gave such an instruction; and if he will make a statement on the matter. [41164/20]

Photo of Eamon RyanEamon Ryan (Dublin Bay South, Green Party)
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The Deputy has clarified that he is referring to pensions in the Irish Aviation Authority.

The sustainability of Irish Aviation Authority pension schemes is a matter, in the first instance, for the Company and the pension scheme trustees, who are required under law to comply with financial planning rules set by the Pensions Board. 

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