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CIÉ pension deficit a 'priority concern' for firm

CIÉ pension deficit a 'priority concern' for firm
rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.

Lorcan Oconnor , Fiona Ross , Workplace Relations Commission , Labour Court , Labour Court Recommendation , Public Service Obligation , Dublin Bus , Chairperson Fiona Ross , Regular Wages Scheme , Regular Wages Pension Scheme ,

Pension Provisions

Pension Provisions
oireachtas.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oireachtas.ie Daily Mail and Mail on Sunday newspapers.

Labour Court , Pensions Authority , Trustees Of The Schemes , Minimum Funding Standard , Balance Sheet , Regular Wages Scheme , Scheme Actuary , Actuarial Funding Certificate , Funding Standard Reserve Certificate , Wages Scheme , Statutory Instruments , Schemes Accordingly ,

CIÉ staff accept pension scheme deficit proposals

CIÉ staff accept pension scheme deficit proposals
rte.ie - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rte.ie Daily Mail and Mail on Sunday newspapers.

Fiona Ross , Pension Scheme Committee , Pensions Authority , Oireachtas Committee , Pensions Committee , Pension Authority , Labour Court , High Court , Group Chair , Regular Wages Scheme , Pensions Commitee , Scheme Committee , Funding Proposal , Minimum Funding Standard , பியோனா ரோஸ் , ஓய்வூதியங்கள் அதிகாரம் , ஓய்வூதியங்கள் குழு , ஓய்வூதியம் அதிகாரம் , தொழிலாளர் நீதிமன்றம் , உயர் நீதிமன்றம் , குழு நாற்காலி , ஓய்வூதியங்கள் கமிட்டி , நிதி ப்ரபோஸல் ,

Trustees of CIE pension scheme could face prosecution

Trustees of CIE pension scheme could face prosecution
Updated / Thursday, 29 Apr 2021
16:49
CIE Group Chair Fiona Ross told an Oireachtas Committee that its total pension deficit across both schemes stood at €975 million at the end of last year
Industry and Employment Correspondent
The Pensions Authority has warned the trustees of a CIE pension scheme that they could face prosecution if they fail to submit a funding proposal to address the deficit in the scheme by 22nd June.
It has also told them that it is considering using its statutory powers to unilaterally cut members benefits under the scheme if a proposal is not received within that eight week period. ....

Brendan Kennedy , Fiona Ross , Pensions Authority , Oireachtas Committee , Pensions Committee , A Labour Court , High Court , Labour Court , Chair Fiona Ross , Regular Wages Scheme , Workers Scheme , Pensions Regulator Brendan , Actuarial Funding Certificate , Funding Standard Reserve Certificate , பிரெண்டன் கெந்நெடீ , பியோனா ரோஸ் , ஓய்வூதியங்கள் அதிகாரம் , ஓய்வூதியங்கள் குழு , உயர் நீதிமன்றம் , தொழிலாளர் நீதிமன்றம் , தொழிலாளர்கள் திட்டம் ,

Court directions sought over CIÉ pension scheme deficit

Industry and Employment Correspondent
The trustees of a CIÉ Group pension scheme which is hundreds of millions of euro in deficit are to ask the High Court for directions on how much the company must pay to plug the funding gap, RTÉ News has learned.
However, CIÉ has rejected suggestions that it alone is responsible for making up a shortfall of almost €800 million for the two schemes covering 10,000 workers in Irish Rail, Dublin Bus and Bus Éireann.
The company says proposed reforms which would see most staff working and contributing to the scheme for longer are essential to preserve the retirement benefits of the staff. ....

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