469. Deputy Willie Penrose asked the Minister for Communications, Energy and Natural Resources in the context of the Energy (Miscellaneous) Provisions Act 1995, No. 35 of 1995, if he is aware that the Electricity Supply Board has failed to comply with its statutory obligations outlined under said Act, which in essence makes its defined benefit pension a typical balance-of-cost scheme and requires the Electricity Supply Board to be solely responsible for any deficit that may arise from time to time in said fund; if he is aware that said legislation was put in place in order to underpin that the guarantee in respect of the pension was part of a tripartite agreement concluded in 1996 between the then Government, the Electricity Supply Board management and the Electricity Supply Board group of trade unions; if he will take steps to ensure that same is honoured in full, particularly in the context of pensioners and deferred pensioners, who appear to be bearing the brunt of all losses visited upon them in respect of their pensions, by way of legislative interventions or otherwise; and if he will make a statement on the matter. [16839/15]

Summary

469. Deputy Willie Penrose asked the Minister for Communications, Energy and Natural Resources in the context of the Energy (Miscellaneous) Provisions Act 1995, No. 35 of 1995, if he is aware that the Electricity Supply Board has failed to comply with its statutory obligations outlined under said Act, which in essence makes its defined benefit pension a typical balance-of-cost scheme and requires the Electricity Supply Board to be solely responsible for any deficit that may arise from time to time in said fund; if he is aware that said legislation was put in place in order to underpin that the guarantee in respect of the pension was part of a tripartite agreement concluded in 1996 between the then Government, the Electricity Supply Board management and the Electricity Supply Board group of trade unions; if he will take steps to ensure that same is honoured in full, particularly in the context of pensioners and deferred pensioners, who appear to be bearing the brunt of all losses visited upon them in respect of their pensions, by way of legislative interventions or otherwise; and if he will make a statement on the matter. [16839/15]

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