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Pension Provisions

Dáil Éireann Debate, Thursday - 28 May 2026

Thursday, 28 May 2026

Ceisteanna (212)

Shane Moynihan

Ceist:

212. Deputy Shane Moynihan asked the Minister for Transport the work his Department is undertaking to progress agreed pensions increases for CIÉ workers; and if he will make a statement on the matter. [40520/26]

Amharc ar fhreagra

Freagraí scríofa

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, which is now well underway.

Roinn