Union rejects proposals to plug DAA pension hole

A committee representing Siptu members at Dublin Airport Authority has rejected "expert panel" proposals on how to address the €780m hole in the pension scheme of the DAA, Aer Lingus and the Shannon Airport Authority.

The expert panel was appointed by the Government, Ibec, and the Irish Congress of Trade Unions to review the Irish Aviation Superannuation Scheme.

Last month, it recommended that Aer Lingus pay €146.7m towards the pensions of its current staff — €36.7m more than recommended by the Labour Court in 2013.