Wednesday August 12, 2020

Delay in resolving pensions crisis could cost Aer Lingus an extra Euro 15 million

The delay in finding a solution to the airport pension fund crisis is likely to cost Aer Lingus at least another Euro 15 million.

12th October, 2013

The delay in finding a solution to the airport pension fund crisis is likely to cost Aer Lingus at least another Euro 15 million.

Further delays in resolving the complex problems surrounding the Aer Lingus and Dublin Airport Authority retirement fund could threaten to unravel a pension proposal from the Labour Court, according to sources.

Under the Labour Court proposal, Aer Lingus would pay Euro 110 million towards the cost of establishing a new defined contribution...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 7 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago