Dáil Éireann Debate, Tuesday - 22 October 2024
113. Deputy Marian Harkin asked the Minister for the Environment, Climate and Communications when retired An Post workers will receive the 2% pay increase due to them ten months ago; and if he will make a statement on the matter. [43104/24]
View answerUnder section 46 of the Postal and Telecommunications Services Act 1983, the Minister for the Environment, Climate and Communications ('MECC'), with the concurrence of the Minister for Public Expenditure, NDP Delivery and Reform ('MPENDR'), approves any superannuation schemes submitted by An Post.
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 MECC and MPENDR to increase pensions and deferred pensions for members of the An Post superannuation scheme ("the scheme"). On June 21st 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.
In line with both the Code of Practice for State Bodies and transfer of powers from Min/Finance to MPENDR which are contained in the Postal and Telecommunications Act 1983, Ministerial consent was granted and has been conveyed to An Post on 21 of October 2024.
