Euro 80m more' to solve airport pension crisis

Aer Lingus and Dublin Airport Authority will have to pay an extra Euro 80 million on top of the Euro 170 million previously estimated it would cost to fix the airport pension crisis, according to well

27th October, 2013

Aer Lingus and Dublin Airport Authority will have to pay an extra Euro 80 million on top of the Euro 170 million previously estimated it would cost to fix the airport pension crisis, according to well informed trade union sources.

Staff are also set to freeze their contributions into the troubled defined benefit plan, which has a deficit of Euro 800 million, after receiving legal advice that the scheme trustees would not wind up the fund if...

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