Written answers
Tuesday, 25 March 2025
Department of Transport, Tourism and Sport
Public Sector Pensions
Michael Cahill (Kerry, Fianna Fail)
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230. To ask the Minister for Transport, Tourism and Sport to amend the CIÉ superannuation scheme for CIÉ pensioners, who have not received an increase in their pension for the past 17 years (details supplied); and if he will make a statement on the matter. [13426/25]
Darragh O'Brien (Dublin Fingal East, Fianna Fail)
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From the outset I would like to clarify that I, as Minister for Transport, have responsibility for policy and overall funding in relation to public transport. However, issues in relation to CIÉ pension schemes are primarily a matter for the trustees of the pension schemes, the CIÉ, Group and their employees. As a commercial semi-state body CIÉ are responsible for the provision of pension schemes for their employees, this is consistent with the pension arrangements of semi-state bodies.
I am acutely aware of concerns raised by the members of both CIÉ pension schemes, regarding the lack of pension increases since 2008, especially given the higher cost of living that many are facing. However, decisions regarding pension increases are ultimately a matter for the CIÉ Board as informed by actuarial advice and is subject to requirements imposed by statute and scheme rules.
My Department is engaged with financial advisors at NewERA, the Pensions Authority, and the Department of Public Expenditure, Infrastructure, Public Services, Reform and Digitalisation on the matter of bringing CIÉ pensions onto a more stable footing for the benefit of active, and retired scheme members.
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