|
|
Superannuation of staff of An Bord Iascaigh Mhara.
|
2.—(1) The Board shall prepare and submit to the Minister a scheme or schemes for the granting of superannuation allowances by way of pension or gratuity or both for its permanent staff.
|
|
| |
(2) A scheme submitted to the Minister under this section, if approved of by the Minister with the concurrence of the Minister for Finance, shall be deemed to have come into operation on the 1st day of July, 1953, and shall be carried out by the Board in accordance with its terms.
|
|
| |
(3) The Board may at any time, with the approval of the Minister, given with the concurrence of the Minister for Finance, amend a scheme under this section.
|
|
| |
(4) A scheme submitted and approved of under this section shall fix the time and conditions of retirement for all persons to whom allowances are payable under the scheme, and different times and conditions may be fixed in respect of different classes of persons.
|
|
| |
(5) If any dispute arises as to the claim of any person to, or the amount of, any allowance payable in pursuance of a scheme under this section, such dispute shall be submitted to the Minister who shall refer it to the Minister for Finance, whose decision thereon shall be final.
|
