|
|
Superannuation of staff.
|
239.—(1) As soon as may be after its establishment the Board shall prepare and submit to the Minister a scheme or schemes for the granting of superannuation benefits to or in respect of such of the staff (including the Chief Executive) as the Board thinks fit.
|
|
| |
(2) Every such scheme shall fix the time and conditions of retirement for all persons to, or in respect of whom superannuation benefits are payable under the scheme or schemes, and different times and conditions may be fixed in respect of different classes of persons.
|
|
| |
(3) The Board may at any time prepare and submit to the Minister a scheme amending or revoking a scheme previously submitted and approved of under this section.
|
|
| |
(4) A scheme or amending scheme submitted to the Minister under this section shall, if approved of by the Minister with the consent of the Minister for Finance, be carried out by the Board in accordance with its terms.
|
|
| |
(5) If any dispute arises as to the claim of any person to, or the amount of, any superannuation benefits in pursuance of a scheme or schemes under this section, such dispute shall be submitted to the Minister who shall refer it to the Minister for Finance whose decision shall be final.
|
|
| |
(6) No superannuation benefits shall be granted by the Board to or in respect of any of its staff (including the Chief Executive) who are members of a scheme under this section, nor shall any other arrangement be entered into for the provision of any superannuation benefits to such persons on ceasing to hold office, otherwise than in accordance with a scheme or schemes submitted and approved of under this section.
|
|
| |
(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 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.
|
