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Pension Provisions

Dáil Éireann Debate, Tuesday - 27 January 2026

Tuesday, 27 January 2026

Ceisteanna (284, 320)

Ciarán Ahern

Ceist:

284. Deputy Ciarán Ahern asked the Minister for Transport to provide an update on the 5% increase in pensions for retired CIÉ workers which was agreed in August of 2025; to provide an update on the Statutory Instrument required to give effect to the increase; when he expects the Statutory Instrument to be finalised; when he expects the increase to be applied; and if he will make a statement on the matter. [5511/26]

Amharc ar fhreagra

Michael Healy-Rae

Ceist:

320. Deputy Michael Healy-Rae asked the Minister for Transport for an update on the CIÉ pension scheme proposals approved by a vote in August 2025 (details supplied); and if he will make a statement on the matter. [5928/26]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 284 and 320 together.

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 and the matter of increases to pension payments.

My Department and all relevant stakeholders are endeavouring to achieve the same at the earliest, keeping in line with the appropriate procedures, compliance with all applicable requirements, and necessary approvals as part of the formal process, which is now underway.

Decisions regarding pension increases are ultimately a matter for the CIÉ Board as informed by actuarial advice and are subject to requirements imposed by statute and scheme rules. Accordingly, I have referred this aspect of the Deputy's question to CIÉ for direct reply. Please advise my private office if you do not receive a reply within ten working days.

A referred reply was forwarded to the Deputy under Standing Orders.
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