Written answers
Tuesday, 26 September 2023
Department of Enterprise, Trade and Employment
Semi-State Bodies
Ivana Bacik (Dublin Bay South, Labour)
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226. To ask the Minister for Enterprise, Trade and Employment if he is responsible for approving any increases in the pensions paid to former employees of IDA; and if he will make a statement on the matter. [41610/23]
Simon Coveney (Cork South Central, Fine Gael)
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I am advised that increases in IDA Ireland pay and pensions are subject to public sector pay agreements. Pension increases being paid to IDA pensioners are those under the current agreement ‘Building Momentum’ which are agreed by government and implemented by my Department and its agencies and do not require my approval. No further increases have been sanctioned or implemented by IDA beyond this.
Individual pensions queries by or on behalf of an IDA pensioner can be followed up with IDA's HR Department directly.
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