Written answer
Pension Provisions
385. Deputy Michael Lowry asked the Minister for Culture, Communications and Sport the reason pension increases agreed by An Post for its pensioners in September 2025 have not yet been paid; whether these increases are awaiting Ministerial approval; when he plans to sign the necessary sanction to allow payment; and if he will make a statement on the matter. [5371/26]
Comment on this
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.