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Superannuation.
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14.—(1) As soon as may be after the establishment day, the Agency shall prepare or cause to be prepared and submit to the Minister a scheme or schemes for the granting of pensions, gratuities and other allowances on retirement or death to or in respect of such of its wholetime employees as the Agency shall think fit.
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(2) A scheme submitted and approved of under subsection (1) of this section shall fix the time and conditions of retirement for all persons to whom pensions, gratuities or other allowances are payable under the scheme, and different times and conditions may be fixed in respect of different classes of persons.
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(3) The Agency may, at any time, prepare or cause to be prepared and submit to the Minister a scheme amending a scheme previously submitted and approved of under this section.
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(4) A scheme submitted to the Minister under this section shall, if approved of by the Minister with the concurrence of the Minister for the Public Service, be carried out by the Agency in accordance with its terms.
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(5) If any dispute arises as to the claim of any person to, or the amount of, any pension, gratuity or other 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 the Public Service, whose decision shall be final.
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(6) No pension, gratuity or other allowance shall be granted to employees of the Agency, nor shall any other arrangement be entered into for the provision of a pension, gratuity or other allowance to such persons on ceasing to be employed by the Agency, other than in accordance with a scheme or schemes submitted and approved of under this section.
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(7) Every scheme submitted and approved of under this section shall be laid before each House of the Oireachtas as soon as may be after it is approved of and, if a resolution annulling the scheme is passed by either such House within the next 21 days on which that House has sat after the scheme is laid before it, the scheme shall be annulled accordingly, but without prejudice to the validity of anything previously done thereunder.
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