71 Deputy John Lyons asked the Minister for Finance if his attention has been drawn to the situation in Permanent TSB whereby the company is attempting to pass on the shortfall in its defined benefit pension schemes to staff by way of reductions in benefits and higher contributions despite undertakings in 2006 to staff and to the Labour Court that the Irish Life and Permanent group would provide a pension based on its staff’s original employment terms; and if he will make a statement on the matter. [16036/11]

Summary

71 Deputy John Lyons asked the Minister for Finance if his attention has been drawn to the situation in Permanent TSB whereby the company is attempting to pass on the shortfall in its defined benefit pension schemes to staff by way of reductions in benefits and higher contributions despite undertakings in 2006 to staff and to the Labour Court that the Irish Life and Permanent group would provide a pension based on its staff’s original employment terms; and if he will make a statement on the matter. [16036/11]

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• Pension Provisions

  xml · EN · 16 June 2011

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