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A DISPUTE OVER staff pension funds at Dublin Airport is set to continue as Siptu has rejected an offer by Aer Lingus and DAA, while the airline has accused the trade union of releasing “wildly inaccurate details” to the media in relation to talks.
Describing the companies proposals as “derisory”, Siptu organiser Dermot O’Loughlin said the trade union’s two pension committees decided against accepting the offers given “the scale of the pension deficit”.
Following a meeting at the Irish Congress of Trade Unions this morning, they have written to the Labour Relations Commission (LRC) seeking its assistance to obtain “a very significant improvment on the monies offered by both companies”.
“The pension committees have also asked the LRC to urgently comment on the status of this negotiation process,” added O’Loughlin.
Aer Lingus said it regrets Siptu’s decision to release what it called “wildly inaccurate details to the media” in relation to talks aimed at resolving the funding issues within the Irish Airlines Superannuation Scheme.
“Such wild inaccuracy has the potential to destabilise the progress of current talks,” said a spokesperson. “Aer Lingus remains committed to finding an appropriate solution to the issues with the IASS and continues to engage with all the parties involved in the LRC process.”
Siptu had claimed that Aer Lingus offered to provide between €9 million and €15 million to resolve the crisis but refused to inject any lump sums unless staff accept very significant productivity measures. The airline denies those figures.
DAA also called the union’s statement that the DAA had agreed to provide €33 million without any preconditions and a further €10 million if secondary pension matters are resolved “a misrepresentation”.
A spokesperson for the company said, “SIPTU’s claim that DAA’s offer is derisory is a misrepresentation of the facts. Based on actuarial advice, our offer will deliver a substantial pension for DAA staff at retirement.”
Workers have previously threatened industrial action over the issue but plans were put on hold to enter last-minute talks with the LRC last week.
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They just bailing out German, French and English Banks who are the Italian Bond Holders !
Haha the new punt has been printed.. Good one as if any Irish government would hav the foresight to do such a thing they have their heads buried in the sand hoping someone else does something to rescue us.. If the euro does go we’ll be trading spuds for 6 months while the print a new currency
It will end when they just admit the euro experiment for a world currency has failed, until ( and it will never happen) all countries of the world have an equal economic footing this is beggars belief… The punt in it’s new form has been printed and is waiting in the wings.
When will it end !
Starting to look like the so called conspiracy nutters were onto something.
when the shit hit them on the face it,s all of a sudden a world problem not little old greece and ireland any more economic genuises the lot of them over paid gombeens who are making the ordinary people the fall guy,s
If you are still stoopid enough to keep euros, you need a slap. Buy gold and silver!
Or art… You can buy some excellent artwork at the moment. http://Www.zhibit.org/thegardengallery
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