Written answer
Pension Provisions
997. Deputy Eamon Scanlon asked the Minister for Culture, Communications and Sport to provide an update on the An Post superannuation scheme; the agreed pension increases for An Post workers; and if he will make a statement on the matter. [43024/26]
Comment on this
Under section 46 of the Postal and Telecommunications Services Act 1983, the Minister for Culture, Communications and Sport with the concurrence of the Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation, 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, namely, to increase pensions in payment for members and deferred members of the An Post Superannuation Scheme by 6% per annum with effect from 1st January 2025 and 1% from 1st of June 2025, arising from its agreements with employee representative groups. In line with both the Code of Practice for State Bodies and the relevant legislation, Ministerial consent has been granted, and this was conveyed to An Post on 25 February 2026.