Written answers
Tuesday, 1 April 2025
Department of Transport, Tourism and Sport
Public Sector Pensions
Brian Stanley (Laois, Independent)
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319. To ask the Minister for Transport, Tourism and Sport if he is aware that the last increase in pensions payment was awarded on 1 July 2008, at 5.06% in the 1951 pensions scheme for staff who worked for CIE; if he has had any discussion regarding this matter of not having an increase in 16 years and if so; and if he will make a statement on the matter. [15736/25]
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.
Concerning pension increases for CIÉ pensioners, I understand that an increase for pensioners would only be possible when the Schemes are capable of sustaining such increases. Furthermore, any such proposal would be dependent on the advice of the Scheme Actuary at the time an increase is proposed, and is done in agreement with the Trustees of the Schemes.
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. Accordingly, I have referred the Deputy's question relating to an increase in pension payments for members to CIÉ for direct reply. Please advise my private office if you do not receive a reply within ten working days.
Brian Stanley (Laois, Independent)
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320. To ask the Minister for Transport, Tourism and Sport to examine the case of pension entitlements (details supplied); and if he will make a statement on the matter. [15737/25]
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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