Cian O'Callaghan
Ceist:116. Deputy Cian O'Callaghan asked the Minister for Transport for an update on the increases that are due to the CIÉ pension scheme; and if he will make a statement on the matter. [27623/26]
Amharc ar fhreagraThursday, 30 April 2026
Ceisteanna (116)
Freagraí scríofa
Firstly, I would like to acknowledge CIÉ management and staff representatives in the Trade Union Group for their constructive and collaborative approach on the CIÉ Pensions Proposal, reaching agreement on a pathway forward as of May 2025, and passed by ballot in August of last year, to bring CIÉ pensions onto a more stable footing for the benefit of active and retired scheme members.
I would like to reassure you, as well as both CIÉ staff and pensioners that there is ongoing, active, and nuanced engagement on the matter of CIÉ Group Pensions.
Officials in my Department are working to progress the Proposal alongside the Department of Public Expenditure, Infrastructure, Public Service Reform and Digitalisation, supported by our financial and commercial advisors NewERA at the National Treasury Management Agency. Work is continuing at pace and is a priority in both Departments, but I would like to emphasise the importance of keeping in line with all applicable procedures.
There are several aspects to the Proposal which require dual Ministerial Consent from myself as Minister for Transport, and the Minister of Public Expenditure, Infrastructure, Public Service Reform and Digitalisation. Adherence to the underpinning legislation and the Code of Practice for the Governance of State Bodies as amended by Circular 16/2021 is required. There are a number of stages to this process to give full effect to the Proposal, which includes an increase for pensioners.
Following on from the dual Ministerial review, under the Transport Act, 1950, a statutory public consultation process is required regarding amendments to CIÉ Pension Schemes, where representations from interested parties will be considered.
Every effort is being made to progress this matter as expeditiously and robustly as possible, keeping in line with the appropriate procedures, compliance with all applicable requirements, and necessary approvals as part of the formal process, which is now well underway.