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Pension Provisions

Dáil Éireann Debate, Thursday - 26 June 2025

Thursday, 26 June 2025

Ceisteanna (171)

Robert O'Donoghue

Ceist:

171. Deputy Robert O'Donoghue asked the Minister for Culture, Communications and Sport the timeline for the pension increases to come into effect for retired An Post workers; and if he will make a statement on the matter. [34876/25]

Amharc ar fhreagra

Freagraí scríofa

Under Section 46 of the Postal and Telecommunications Services Act 1983 ('the Act'), I, as Minister for Culture, Communications and Sport, with the concurrence of the Minister for Public Expenditure, NDP Delivery and Reform, approve any superannuation schemes submitted by An Post.In accordance with the Act, and the relevant section of the Code of Practice for the Governance of State Bodies, An Post must seek Ministerial approval from both myself and the Minister for Public Expenditure, NDP Delivery and Reform to increase pensions and deferred pensions for members of the An Post superannuation scheme.Prior to the transfer of the relevant Ministerial functions on 1 June 2025, An Post submitted a request on 26 January 2025 seeking approval for a proposed increase of 1.4% to pension payment and deferred pensions in the An Post Superannuation Scheme. The consent of the then-Minister for the Environment, Climate and Communications and the Minister for Public Expenditure, NDP Delivery and Reform was conveyed to An Post on 29 May 2025.The operation of the schemes is a matter between the management of An Post, staff representatives and the trustees of the schemes.

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