203. Deputy Barry Heneghan asked the Minister for Transport the steps he will take to provide for an increase in CIÉ pensions to reflect the significant increases in the cost-of-living in recent years; whether such an increase is currently under consideration; and if he will make a statement on the matter. [64410/26]

204. Deputy Barry Heneghan asked the Minister for Transport the current position regarding outstanding increases under the CIÉ pension schemes; the progress made in resolving this matter following previous commitments that it would be addressed; the timeframe for a resolution; and if he will make a statement on the matter. [64409/26]

I propose to take Questions Nos. 203 and 204 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 is progressing the agreement of bringing CIÉ pensions onto a more stable footing for the benefit of active, and retired scheme members, including review of the relevant draft Statutory Instruments, and the matter of increases to pension payments.

Under the Transport Act, 1950, a Statutory Consultation process is required regarding amendments to CIÉ Pension Schemes, which took place over the early summer, and representations from interested parties are currently under review.

Every effort is being made to progress this matter 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 well underway.