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Written Answers - Pension Provisions

Tuesday, 7 February 2012

Dáil Éireann Debate
Vol. 754 No. 3

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 485.  Deputy Peter Mathews Information on Peter Mathews Zoom on Peter Mathews  asked the Minister for Health Information on James Reilly Zoom on James Reilly  if the moneys collected as part of the pension levy from the Irish Blood Transfusion Service, IBTS, employees, was passed onto the Department of Finance or if the IBTS retains the money, as part of its own pension plan; and if he will make a statement on the matter. [6329/12]

Minister for Health (Deputy James Reilly): Information on James Reilly Zoom on James Reilly The Irish Blood Transfusion Service (IBTS) is a public service body as defined in the Financial Emergency Measures in the Public Interest Act, 2009 and consequently its employees are public servants within the terms of that Act. To date, the Pension Levy deducted has not been remitted by the IBTS to the Exchequer. My officials are in discussion with the Board of the IBTS on how best to resolve the issue of the deficit in the IBTS pension fund, and this may involve using a proportion of pension levy funds. The Irish Blood Transfusion Service pension scheme comes under the scope of a public service pension scheme as defined in Section 1 of the Act.


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