97 Mr. O’Shea asked the Minister for Social and Family Affairs if his attention has been drawn to the situation whereby many companies with defined benefit pension schemes are unilaterally changing the terms and conditions of those schemes to defined payment schemes; the number of companies who have informed his Department regarding these changes; if he has undertaken to ensure that employees affected by these changes to their pension schemes have been properly informed of the consequences of those changes; the action his Department has taken in relation to this matter; and if he will make a statement on the matter. [37606/06]

Summary

97 Mr. O’Shea asked the Minister for Social and Family Affairs if his attention has been drawn to the situation whereby many companies with defined benefit pension schemes are unilaterally changing the terms and conditions of those schemes to defined payment schemes; the number of companies who have informed his Department regarding these changes; if he has undertaken to ensure that employees affected by these changes to their pension schemes have been properly informed of the consequences of those changes; the action his Department has taken in relation to this matter; and if he will make a statement on the matter. [37606/06]

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• Pension Provisions.

  xml · EN · 14 November 2006

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