Concern at Aer Lingus pension proposals

There is concern over how certain aspects of new proposals which will attempt to plug a €722 million deficit in the Aer Lingus pension fund will work.

The pension deficit is viewed as a major obstacle to the Government’s plans to sell off its 25% stake in the airline as part of the troika programme for the sale of state assets.

The issue of the complex pension scheme has been the source of much controversy and talks began to try and resolve the issue last December.