Written answers
Thursday, 1 February 2024
Department of Communications, Climate Action and Environment
Pension Provisions
Dara Calleary (Mayo, Fianna Fail)
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169. To ask the Minister for Communications, Climate Action and Environment if he received a request from a company (details supplied) to sanction an increase for members of its pension scheme; if he is conscious that these pensioners are facing income pressures as a consequence of the lack of an increase; if he will give urgent attention to the request; and if he will make a statement on the matter. [4758/24]
Dara Calleary (Mayo, Fianna Fail)
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170. To ask the Minister for Communications, Climate Action and Environment the reason it is necessary for a company (details supplied) to seek ministerial permission for a pension increase; what investments have been made by the State in the fund; and if he will make a statement on the matter. [4759/24]
Eamon Ryan (Dublin Bay South, Green Party)
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I propose to take Questions Nos. 169 and 170 together.
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.
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