Answered in Dail
To ask the Minister for Transport the alternative legislative arrangements he will put in place to safeguard the present and future entitlements of CIE pensioners of all grades, having regard to the statutory guarantees relating to the solvency of the two company funds and annual review of pensions as contained in statutory instruments (details supplied) which currently rest with the CIE parent company as a legal entity with adequate source of funding to meet these commitments in view of his proposals for the restructuring of CIE including the proposal to abolish the parent company CIE.
- Seán Ryan.
For ORAL answer on Tuesday, 4th May, 2004. (Nos 115 of 1996 and 323 of 2000)
Ref No: 12471/04
Answered by the Minister for Transport
Future pension arrangements are being considered as part of the detailed preparatory work on the restructuring of CIE. The objective of that work is that the current position in relation to pension entitlements and pension security should continue to obtain for the future.