Speaking following the announcement by Aer Lingus that it will accept the recommendations of the Expert Panel on the IASS pension scheme, Minister for Transport, Tourism & Sport Leo Varadkar said:
“I welcome the significant response from Aer Lingus to the recommendations of the Expert Panel. I also welcome the statement from the DAA that, although it will continue to review the Report, it also believes that the Panel’s recommendations represent ‘the basis for a final and complete resolution of pension arrangements’. The DAA has also re-affirmed its commitment to engage with all stakeholders.
“The Panel’s report provides the best and last opportunity to resolve the long-standing difficulties in the IASS. I now urge all other parties involved to also accept the Panel’s recommendations.”