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Coillte Pension Scheme

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Coillte Pension Scheme

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Minister for Agriculture, Food and the Marine (Deputy Simon Coveney)

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Minister for Agriculture, Food and the Marine (Deputy Simon Coveney)

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Snippet Contents:

Coillte Teoranta was established as a private commercial company under the Forestry Act, 1988. The types of pension schemes currently operated by Coillte and their respective deficits/surpluses are as stated in the Company’s Annual Report 2012, copies of which were laid before the Houses of the Oireachtas at the end of July 2013. As the defined benefit Coillte Teoranta No. 1 Fund Superannuation Scheme is currently the subject of legal action, it is not appropriate for me to comment further on this matter at this stage.