NTMA bond could see Dublin Airport pensions reduced

Members of the troubled Dublin Airport pension fund face significant reductions in the value of their pensions if a proposal to replace the fund with a bond is accepted.

5th May, 2012
Dublin Airport Authority workers may face a significant reduction in the value of their pensions. Photo: Photocall

Members of the troubled Dublin Airport pension fund face significant reductions in the value of their pensions if a proposal to replace the fund with a bond issued by the National Treasury Management Agency is accepted.

*The Sunday Business Post* has learned that replacing the fund with an NTMA bond is the main proposal on the table in negotiations designed to solve the problems with the scheme.

However, participants in the negotiations have been told...

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