Written answers

Tuesday, 18 February 2025

Department of Communications, Climate Action and Environment

State Bodies

Photo of Ruth CoppingerRuth Coppinger (Dublin West, Solidarity)
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167. To ask the Minister for Communications, Climate Action and Environment for an update as to when his Department will conclude consideration of the request by An Post for a 2% increase to pensions in payment and deferred pensions from 1 January 2024; and if he will make a statement on the matter. [6303/25]

Photo of Darragh O'BrienDarragh O'Brien (Dublin Fingal East, Fianna Fail)
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Under section 46 of the Postal and Telecommunications Services Act 1983 I, as Minister, with the concurrence of the Minister for Public Expenditure, NDP Delivery and Reform (MPENDR), approve any superannuation schemes submitted by An Post. The operation of the schemes is a matter between the management of An Post, staff representatives and the trustees of the schemes.

In accordance with the Act and the relevant Code of Practice for the Governance of State Bodies, An Post must seek Ministerial approval from both myself and MPENDR to increase pensions and deferred pensions for members of the An Post superannuation scheme ("the scheme").

On 21 June 2024, An Post wrote to my Department seeking consent for amendments to the scheme, namely a 2% increase for pensions in payment and deferred pensions with effect from January 2024. Ministerial consent has been granted and was conveyed to An Post on 21 October 2024.

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