Coillte pension fund stakes €20m claim

The trustees of Coillte’s pension plan have staked a claim to €20m worth of state-owned forestry following a secret settlement to their High Court dispute.

In mid-July, a €23m claim made by the pension fund was settled but no details of the agreement were publicly disclosed.

The pension fund, which affects 2,000 people, had claimed Coillte owed it €23m to fulfil obligations it made in 2000 and 2009.