Menu
09/12/2013
ESB Management And Workers Reach Agreement
Sinn Féin's Mary Lou McDonald TD has welcomed the agreement reached between management and workers at ESB regarding the company's pension scheme.
The Dublin Central TD said: "The resolution of the ESB pension dispute is good news for the workers, and indeed for the company's customers.
"Of course the truth is workers and their union representatives should not have had to issue strike notice in the first place for this matter to have been resolved.
"The unilateral decision of ESB management to redefine the workers pension from a Defined Benefit to a Defined Contribution scheme was wrong, and the Labour Relations Commission's resolution issued this evening validates the workers action in this regard.
"By redefining the scheme management transferred all of the pension liability to workers over night, most of whom are not entitled to a state pension. Facing the prospect of a pension worth just €13 a week workers were left with no option but to issue strike notice.
"Government inaction cannot go unmentioned. Government Ministers have been aware of the impending dispute for months now. Despite holding the majority of the shares in the company on behalf of the state government stood idly by. Over recent weeks Labour Ministers Joan Burton and Pat Rabbitte have made particularly unhelpful comments."
(CD/JP)
The Dublin Central TD said: "The resolution of the ESB pension dispute is good news for the workers, and indeed for the company's customers.
"Of course the truth is workers and their union representatives should not have had to issue strike notice in the first place for this matter to have been resolved.
"The unilateral decision of ESB management to redefine the workers pension from a Defined Benefit to a Defined Contribution scheme was wrong, and the Labour Relations Commission's resolution issued this evening validates the workers action in this regard.
"By redefining the scheme management transferred all of the pension liability to workers over night, most of whom are not entitled to a state pension. Facing the prospect of a pension worth just €13 a week workers were left with no option but to issue strike notice.
"Government inaction cannot go unmentioned. Government Ministers have been aware of the impending dispute for months now. Despite holding the majority of the shares in the company on behalf of the state government stood idly by. Over recent weeks Labour Ministers Joan Burton and Pat Rabbitte have made particularly unhelpful comments."
(CD/JP)
Related Irish News Stories
Click here for the latest headlines.
13 March 2024
Translink Workers Reject Pay Offer
Translink NI workers have rejected a pay offer from the public transport company. Unite, GMB and SIPTU confirmed that their members has "decisively voted to reject as inadequate" a pay offer made by Translink management. Workers were offered a 5% pay increase and a non-consolidated one-off payment of £1,500 for the 2023-2024 financial year.
Translink Workers Reject Pay Offer
Translink NI workers have rejected a pay offer from the public transport company. Unite, GMB and SIPTU confirmed that their members has "decisively voted to reject as inadequate" a pay offer made by Translink management. Workers were offered a 5% pay increase and a non-consolidated one-off payment of £1,500 for the 2023-2024 financial year.
18 November 2016
Party's Call For Govt Action On Gender Pension Gap
Fianna Fáil and Sinn Féin have both called for government action on the gender pension gap. FF have tabled an amendment to the Social Welfare Bill which would see the eligibility criteria for the State pension reviewed to ensure that women who took time out of work to look after children or to care for a loved one, are not penalised.
Party's Call For Govt Action On Gender Pension Gap
Fianna Fáil and Sinn Féin have both called for government action on the gender pension gap. FF have tabled an amendment to the Social Welfare Bill which would see the eligibility criteria for the State pension reviewed to ensure that women who took time out of work to look after children or to care for a loved one, are not penalised.
11 June 2012
ESB Redundancies Package 'Over-Subscirbed'
A voluntary redundancy scheme aimed at shedding 700 jobs at the ESB is over-subscribed, in spite of fears by management that they would struggle to achieve the target. Brendan Ogle, head of the ESB Group of Unions, said there had been a "significant level of interest" in the deal.
ESB Redundancies Package 'Over-Subscirbed'
A voluntary redundancy scheme aimed at shedding 700 jobs at the ESB is over-subscribed, in spite of fears by management that they would struggle to achieve the target. Brendan Ogle, head of the ESB Group of Unions, said there had been a "significant level of interest" in the deal.
04 May 2017
Nurses At St Patrick's Hospital Vote For Industrial Action
Psychiatric nurses at St Patrick's Hospital in Dublin have voted in favour of industrial action. The dispute is in relation to the unilateral closure of the facility's defined benefit pension scheme. Strike action will begin on Wednesday, 24 May.
Nurses At St Patrick's Hospital Vote For Industrial Action
Psychiatric nurses at St Patrick's Hospital in Dublin have voted in favour of industrial action. The dispute is in relation to the unilateral closure of the facility's defined benefit pension scheme. Strike action will begin on Wednesday, 24 May.
27 April 2017
St Patrick's Mental Health Services Workers Vote For Strike Action
SIPTU members working in St Patrick's Mental Health Services have voted in favour of strike action in a dispute resulting from a management decision to cease employer contributions to a staff defined benefit pension scheme.
St Patrick's Mental Health Services Workers Vote For Strike Action
SIPTU members working in St Patrick's Mental Health Services have voted in favour of strike action in a dispute resulting from a management decision to cease employer contributions to a staff defined benefit pension scheme.
-
Ireland WeatherToday:A dry and sunny start but cloud bubbling up with a few showers developing from late morning. Becoming dry and sunny along the east coast in the afternoon. Maximum temperature 12 °C.Tonight:Showers gradually die out to leave good clear spells in the evening and overnight. This will allow a few fog patches to develop in places. Minimum temperature 2 °C.
