S.I. No. 287/1985 - Córas Iompair Éireann Superannuation Scheme, 1951 (Amendment) Scheme (Confirmation) Order, 1985.

I, JIM MITCHELL, Minister for Communications, in exercise of the powers conferred on me by section 44 of the Transport Act, 1950 (No. 12 of 1950), and the Ministers and Secretaries (Amendment) Act, 1983 (No. 40 of 1983), hereby, after consultation with the Minister for the Public Service, order as follows:

1. This Order may be cited as the Córas Iompair Éireann Superannuation Scheme, 1951 (Amendment) Scheme (Confirmation) Order, 1985.

2. In this Order "the amending Scheme" means the scheme amending the Córas Iompair Éireann Superannuation Scheme, 1951, prepared by Córas Iompair Éireann and submitted to the Minister for Communications under section 44 of the Transport Act, 1950 (No. 12 of 1950), and set out in the Schedule to this Order.

3. The amending Scheme is hereby confirmed and shall be deemed to have come into operation on the 1st day of March, 1982.

SCHEDULE

CÓRAS IOMPAIR ÉIREANN SUPERANNUATION SCHEME, 1951 (AMENDMENT) SCHEME, 1985.

1. Interpretation:

In this amending Scheme the following words and expressions shall have the meaning hereby assigned to them unless there is something inconsistent in the subject matter or the context repugnant to such construction:

"The existing Scheme" means the C.I.E. Superannuation Scheme, 1951 set out in the Schedule to the Córas Iompair Éireann Superannuation Scheme, 1951 (Confirmation) Order, 1951 ( S.I. No. 353 of 1951 ) and subsequently amended by the amending Superannuation Schemes confirmed by Statutory Instruments numbered 221 of 1963, 80 of 1971, 254 of 1974, 47 of 1977, 126 of 1981, 245 of 1982 and 345 of 1982.

"Operative Date" means the 1st day of March, 1982.

2. In this amending Scheme unless otherwise expressly stated words and expressions used shall have the meanings assigned to them by the existing Scheme.

3. Amendment of the Existing Scheme

The existing Scheme shall be amended with effect on and from the operative date so as to conform to the provisions hereinafter contained and every provision of the existing Scheme which is inconsistent with the provisions hereinafter contained shall cease to have effect.

4. The following new Clause shall be inserted to follow Clause (6) of Rule 21 of the existing Scheme with effect from the operative date:

"(7) ( a ) A member having 10 years' pensionable membership whose services are dispensed with on or after the operative date and before the 17th day of January, 1987 because of redundancy arising from any scheme for the re-organisation or more economical operation of any department of the Board's undertaking, he or she then being between the age of 55 years and 60 years (or between the ages of 50 years and 55 years in the case of a particular female member as defined in the Schedule to S.I. No. 345 of 1982 ), may. if the Board so agrees, be granted the superannuation allowance provided for under Clause (1) of this Rule.

( b ) If an additional contribution to the Fund is required to meet the cost of providing a superannuation allowance under paragraph (a) above it shall be contributed by the member or by the Board or jointly by the member and the Board as they may agree between them.".

GIVEN under my Official Seal, this 22nd day of August, 1985.

JIM MITCHELL,

Minister for Communications.

EXPLANATORY NOTE.

The purpose of the scheme is to provide for the reduction, under certain conditions, of the retiring ages prescribed in the existing scheme, to allow for voluntary early retirement on redundancy.