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Pension Provisions

Dáil Éireann Debate, Thursday - 4 December 2025

Thursday, 4 December 2025

Ceisteanna (304)

Ryan O'Meara

Ceist:

304. Deputy Ryan O'Meara asked the Minister for Culture, Communications and Sport the current status of the An Post pension increase request, submitted in October 2025, within his Department; the timeframe in which he and his Department anticipate the pension approval process to conclude; and if he will make a statement on the matter. [68655/25]

Amharc ar fhreagra

Freagraí scríofa

Under section 46 of the Postal and Telecommunications Services Act 1983, the Minister for Culture, Communication and Sport with the concurrence of the Minister for Public Expenditure, NDP Delivery and Reform, approves any superannuation schemes submitted by An Post. The operation of the schemes is a matter between the management of An Post, staff representatives and the trustees of the schemes.

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 Ministers to increase pensions and deferred pensions for members of the An Post superannuation scheme. Section 2.13 of the Code of Practice for Governance of State Bodies Superannuation and Remuneration annex sets out that NewERA advice should be sought in respect of pension amendment proposals, as is appropriate in their role as commercial and financial advisors to the Ministers.

On 23 October 2025, An Post wrote to my Department requesting consent for an increase to pensions in payment and deferred pensions, arising from its agreements with employee representative groups. It is not possible, at this point, to set out the specific timeframe within which the decision-making process will be concluded by both shareholding Ministers in respect of increases submitted for consent. It should be recognised that the time taken for the pension approval process is necessary to ensure that robust governance procedures are in place.

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