Wednesday, 16 December 2020
Department of Transport, Tourism and Sport
Córas Iompair Éireann
As Minister for Transport, I have responsibility for policy and overall funding in relation to public transport in Ireland.
The CIÉ Group has two pension schemes, namely the Regular Wages Scheme (“RWS”) and 1951 superannuation scheme (“1951 Scheme”), of which all employees of the subsidiary companies, including Irish Rail, are members. Issues in relation to CIÉ pension schemes are primarily a matter for the trustees of the schemes, the CIÉ Group and their employees.
In relation to the RWS, it is understood that the Scheme Trustees are progressing a funding proposal and a draft of the Statutory Instrument is currently being prepared by CIE’s external legal advisors.
Concerning the 1951 scheme, I understand that proposals related to the scheme were referred to the Labour Court, and a recommendation which emerged on 23rd November is currently being considered by both the Trade Unions and the Company.
I have therefore referred the Deputy’s question to CIÉ for direct reply. Please advise my private office if you do not receive a response within ten working days.