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Pension Provisions

Dáil Éireann Debate, Tuesday - 26 May 2026

Tuesday, 26 May 2026

Questions (426)

Pádraig Rice

Question:

426. Deputy Pádraig Rice asked the Minister for Transport further to Parliamentary Question 423 of 12 May 2026, if the CIÉ board decision in 2009 in the context of the Transport Act 1950 was discussed during the dual ministerial review on this matter; and if he will make a statement on the matter. [40127/26]

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Written answers

As Minister for Transport, I have responsibility for policy and overall funding in relation to public transport. As a commercial semi-state body, Córas Iompair Éireann (CIÉ) are responsible for the provision of pension schemes for their employees.

Following on from the constructive and collaborative approach of the Trade Union Group and CIÉ management in reaching agreement on a pathway forward as of May 2025, my Department are currently engaging with CIÉ as well as financial advisors at NewERA, the Pensions Authority and the Department of Public Expenditure, Infrastructure, Public Services, Reform and Digitalisation on the next steps in progressing the agreement and bringing CIÉ pensions onto a more stable footing for the benefit of active, and retired scheme members, including review of the relevant statutory instruments.

My Department and all relevant stakeholders are endeavouring to achieve the same at the earliest, keeping in line with the appropriate processes, compliance with all applicable requirements, and necessary approvals.

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