Racedo,
I feel you are looking at something from the outside, you are looking at it logically and addressing the issue based on logic/common sense. In most cases your advice would be spot on but this scheme is far from that simple which is why it has not been solved in the last 5 years.

I don't have any real insight into it myself and generally would be very dismissive of the EI unions but I do think there is an issue here which needs to be addressed. I'm not saying EI need to cover the deficit as they have no legal responsibility to do so. Unfortunately it looks to me as an outsider of a case of both parties having legitimate grievances with a poorly designed pension scheme in the middle.

Open to correction on any of my thoughts above!

You are spot on

I can't help thinking the government are keeping very quiet about this!

Does the government not have a moral obligation to sort this lot out! After all they were running the show when this lot was set up!

Sorry, "government" and "moral" in the same sentence!;)

"poorly designed pension scheme"


Have you seen the benefits provided? Poorly designed in that it is far too generous.

Because EI/DAA etc were part of the state and Unions like in Civil services got pensions that others not in public service could not get or afford to get.

I see from both sides as some employees will feel its their full entitlement even if it destroys the company. Where as company see its survival as being the issue and pension fund is bleeding them dry.

After what this economy has been through I despise the word 'entitlement'. Unfortunately a headless chicken doesn't recognise the fact it can't really cluck anymore.

I can see both of your opinions from above, and can clarify, we were accepting right-down inline with industry right-downs, however talks stalled before agreement, guess by whom - and not unions. All of us realise, it is no longer pre-boom, and I for one accept the companies updated status, some still believe they work for a state company and that is no longer tenable, but the overwhelming majority of staff accept that, there will always be minority in a company. Everyone wants a mutual agreement in this, I for one want at least half of my pension so far to be guaranteed, I don't believe that is greedy nor being ''overly entitled.'' - Or failing that my investment returned and contributions to IASS stopped, I don't believe that is untenable either.

Tunis Air will beign a weekly service to Monastir for Justsunshine between 21 June and 27 September.

Nouvelair service to Enfidha is still operateing between April and Ocober but moves from a Saturday to Friday flight.

Also notice Flybe have the E-195 scheduled on a daily SOU flights to for the summer, not sure if its new or alwaqys being the case anyone confirm?

Whose the tour operater for LBT

SL
So if you were told 5 years before you retire, that you weren't going to get the contracted benefits from your pension scheme, you wouldn't complain?

I bet you'd be top of the whingeing list!

I wasn't given any choice, IASS membership was compulsory at the time, the carrot was the defined benefits promised!

Other than what the State provides, 50% of Ireland's workforce will get no pension as will 36% of the self employed.


I'm sorry if you think your glass is half empty. Look around you and learn to appreciate that in reality your glass is half full.

Not being an Irish taxpayer or resident, I really don't have a view on this matter.

I do have a contract that states my pension benefits on retirement though!

You ignore the fact we were paying into something we were told we would get at x amount, regardless of your view of pay scales etc this hasn't been maintained through no fault of employees. Aer Lingus' sueing of SIPTU will do no more then ignite further tensions, it's clear from Aer Lingus' cancellation of services and hiring in of crews/aircraft from Thursday 6th March, they weren't going to compromise on an untenable decision.

Perhaps Racedo is finally realising the reason for that unhappiness among the EI staff in relation to the IASS fund. (I do not know the situation among DAA)

All EI staff hired before 2011 were bound by contract to pay into the IASS fund. To date the vast majority of current staff have queried the legality of their employer taking from their salary 8 years after the IPO claimed the pension fund was fine and no longer EI's concern. EI have stated that they cannot stop the payments ("pending legal consultations") The staff have asked and their emploer has fobbed them off. The staffwant the pension issue closed so they and their emplyer can move forward. This pension should have been closed in the 80's or 90's.



I expect you will answer with a pithy comment about "why sign if you didn't like it?" I will counter that line of thought with the image of a 20-25 yr person getting their first job and just being happy to be employed...."pensions are for old people" 15-20 years later that 20 yr old is no "an old person" and worried about a pension.

Feb passengers up 8% to just under 1.3 million. 2014 figures for first two months up 9% on 2013.

https://www.dublinairport.com/gns/at..._February.aspx

SIPTU are picking up the fees from the injunctions taken out by DAA and Ryanair.

:E bet membership are happy with that

You're posts are frankly beyond me, after plenty of us answer your theories on this you don't answer, then whenever there's any sort of development against us, you pipe up, are you just generally trying to default yourself as the thread pr*ck so to speak? Sure seems that way.

How development against you ?

SIPTU not just EI and they have stuffed their faces from Govt cash and sought fights in other areas so they can claim to have control like a Maelevolent presence.

SIPTU have always been happy to take what is on offer but when it relates to their own people they happily say you are taking a pension cut.
They are self serving group whose vested interests will always contrast with those who pay their wages.

Yeah fair enough, but you're posting in the Dublin thread, which overwhelmingly involves posters being members of SIPTU and/or working within Aer Lingus and the DAA. Statements like '':E bet membership are happy with that'', well of course we are not? I'd like to add also everyone realises what colours SIPTU are now flying - It is more than likely EI will win their case against them also further eroding their cash stockpiles and probably even further damaging their own employees pensions.

I'll admit also the contradiction they only revealed last month is staggering, sort of hilarious because all the union reps look like they were talking out both sides of their mouths and I can tell you EI management know that and haven't or won't let them forget that - So basically our only hope now is personal compromise with employer's, because SIPTU has failed miserably to its members.

*Awaits Ryanair aircraft bearing titles - Slán chuig SIPTU*