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Public Sector Pensions

Dáil Éireann Debate, Tuesday - 25 March 2025

Tuesday, 25 March 2025

Questions (215, 253)

Emer Currie

Question:

215. Deputy Emer Currie asked the Minister for Transport if he will provide the latest update on the financial position of the CIÉ regular wages pension scheme; if the scheme has made progress in meeting the statutory minimum funding standard since December 2022; if any measures are being considered for retired members; and if he will make a statement on the matter. [13829/25]

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Emer Currie

Question:

253. Deputy Emer Currie asked the Minister for Transport if he will provide the latest update on the financial position of the CIÉ regular wages pension scheme; if the scheme has made progress in meeting the statutory minimum funding standard since December 2022; if any measures are being considered for retired members; and if he will make a statement on the matter. [13828/25]

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Written answers

I propose to take Questions Nos. 215 and 253 together.

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.

Therefore, I have referred your question to CIÉ for direct reply. Please advise my private office if you do not receive a reply within ten working days.

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