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Superannuation
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27. (1) The Authority shall, with the approval of the Minister given with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform, make a scheme or schemes for the granting of superannuation benefits to, or in respect of, a person—
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(a) appointed chief executive who on such appointment is not, or does not become, a member of the Single Public Service Pension Scheme, or
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(b) who, on becoming a member of staff of the Authority, is not, or does not become, a member of that Scheme.
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(2) A scheme under this section shall fix the time and conditions of retirement of all persons to, or in respect of whom, superannuation benefits 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 Authority may, with the approval of the Minister given with the consent of the Minister for Public Expenditure, National Development Plan Delivery and Reform, make a scheme amending a scheme under this section including a scheme under this subsection.
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(4) A scheme under this section shall, if approved by the Minister, be carried out by the Authority 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 superannuation benefit payable pursuant to a scheme or schemes under this section, such dispute shall be submitted to the Minister who shall refer it to the Minister for Public Expenditure, National Development Plan Delivery and Reform and that Minister’s decision shall be final.
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(6) No superannuation benefits shall be granted by the Authority to, or in respect of, a person on ceasing to be the chief executive or a member of the staff of the Authority otherwise than—
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(a) in accordance with a scheme or schemes under this section, or
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(b) with the approval of the Minister for Public Expenditure, National Development Plan Delivery and Reform.
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(7) A scheme under this section shall be laid before each House of the Oireachtas as soon as may be after it is made 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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(8) Subsection (7) shall, with all necessary modifications, apply to an amendment to a scheme under this section as it applies to a scheme under this section.
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(9) In this section—
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“amending”, in relation to a scheme under this section, includes revoking the scheme;
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“superannuation benefit” means any pension, gratuity or other allowance payable to, or in respect of, a person ceasing to be the chief executive or a member of the staff of the Authority.
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