Written answer
Pension Provisions
The Department is reviewing consultation submissions and statutory instruments to stabilise CIÉ pensions, with payment increases pending completion of required approvals.
184. Deputy Sean Fleming asked the Minister for Transport the up-to-date position in relation to the CIÉ pension scheme; if the process has been completed; the date for payments under this agreement to be paid; and if he will make a statement on the matter. [64154/26]
Comment on this
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.