Eamon Ryan (Dublin Bay South, Green Party)
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My Department in conjunction with the Department of Public Expenditure, NDP Delivery and Reform work to ensure that all pension increase requests will be processed in a timely manner to ensure that there are minimal delays to the members of such pension schemes.

Myself and my colleague, the Minister for Public Expenditure NDP Delivery and Reform, have consented to the 4% increase effective from 1 January 2024, which will now be applied by the ESB Pension Scheme Trustees.

Marian Harkin (Sligo-Leitrim, Independent)
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168. To ask the Minister for Communications, Climate Action and Environment for an update on the payment of the pension increase for ESB pensioners, and the rationale for the decision that all pension increases to members of semi-State pension schemes will need consent from both relevant Government Departments, in the case of the ESB, his Department and the Department of Public Expenditure; and if he will make a statement on the matter. [4191/24]

Eamon Ryan (Dublin Bay South, Green Party)
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Circular 16/2021 relating to the Code of Practice for the Governance of State Bodies - Amendments to the Annex on Remuneration and Superannuation - came into effect on 30th July 2021. It applies to all Commercial Semi-State Bodies and requires prior approval by the Minister for Public Expenditure and Reform with regard to severance scheme proposals, amendments to pension schemes required under legislation or scheme rules, and any changes to pension scheme benefits, such as pension increases where Ministerial or Departmental consent is required.

My Department in conjunction with the Department of Public Expenditure, NDP Delivery and Reform work to ensure that all pension increase requests are processed in a timely manner to ensure that there are minimal delays to the members of such pension schemes.

Myself and my colleague, the Minister for Public Expenditure NDP Delivery and Reform, have consented to the 4% increase effective from 1 January 2024, which will now be applied by the ESB Pension Scheme Trustees.