S.I. No. 415/2009 - Shannon Free Airport Development Company Limited (General Employees) Superannuation Scheme 1966 (Fifth Amending) Scheme 2009


Notice of the making of this Statutory Instrument was published in

“Iris Oifigiúil” of 23rd October, 2009.

I, MARY COUGHLAN, Minister for Enterprise, Trade and Employment, in exercise of the powers given to me by Section 10 of the Shannon Free Airport Development Company Limited Act 1959 and with the concurrence of the Minister for Finance, hereby approve of the Shannon Free Airport Development Company Limited (General Employees) Superannuation Scheme 1966 (Fifth Amending) Scheme 2009, as set out herewith.

1.TITLE

(1) This Scheme may be cited as the Shannon Free Airport Development Company Limited (General Employees) Superannuation Scheme 1966 (Fifth Amending) Scheme 2009.

(2) The Principal Scheme and the Amending Schemes may be cited together as the Shannon Free Airport Development Company Limited (General Employees) Superannuation Schemes 1966 to 1989.

2.COMMENCEMENT

This Scheme shall be deemed to have come into effect on the 6th day of April 1995.

3.DEFINITIONS

“the Main Scheme” means the Shannon Free Airport Development Company Limited (General Employees) Superannuation Schemes 1966 to 1989, together with this Scheme;

“the Principal Scheme” means the Shannon Free Airport Development Company Limited (General Employees) Superannuation Scheme 1966;

“the Amending Schemes” means the Shannon Free Airport Development Company Limited (General Employees) Superannuation Scheme 1966 (Amendment) Scheme 1967, the Shannon Free Airport Development Company Limited (General Employees) Superannuation Scheme 1966 (Second Amending) Scheme 1971, the Shannon Free Airport Development Company Limited (General Employees) Superannuation Scheme 1966 (Third Amending) Scheme 1986 and the Shannon Free Airport Develop-ment Company Limited (General Employees) Superannuation Scheme 1966 (Fourth Amending) Scheme 1989;

“the Schedule” means the Schedule attached to this Scheme.

4.AMENDMENTS TO THE MAIN SCHEME

The superannuation provisions contained in the documents listed in the Schedule will form part of the Shannon Free Airport Development Company Limited (General Employees) Superannuation Schemes 1966 to 1989. The implementation dates of the provisions will be as set out in the respective documents. In the event of any conflict between provisions in the documents in the Schedule and other provisions in the Shannon Free Airport Development Company Limited (General Employees) Superannuation Schemes 1966 to 1989, the provisions in the Schedule shall apply.

SCHEDULE

1. Circular 6/95

Revised social insurance status and conditions of service of certain civil servants.

2. Circular 18/98

Special leave without pay for career break.

3. Letter 21/5/2002

P18/27/90 Letter from Department of Finance to Departments re. reduction in vesting period from 5 years to 2 years.

4. Circular 8/2005

Public Service Pension Reform: New scheme for the award of professional, technical and specialist added years to certain new entrant staff of the Civil and Public Service.

5. Circular 9/2005

Public Service Pension Reform: Revised rate of compound interest for use in the calculation of refunds to the Exchequer.

6. Circular 10/2005

Public Service Pension Reform: Introduction of cost neutral early retirement.

7. Circular 19/2005

Public Service Pension Reform: Revised method of calculation of pension entitlement for public servants whose pensions are integrated with social welfare benefits.

8. Circular 20/2005

Public Service Pension Reform: Revised arrangements for part-time public servants.

9. Circular 4/2006

Purchase of notional service for superannuation purposes by Established Civil Servants and by Non-Established State Employees.

10. Circular 10/2008

Public Service Pension Reform: Revised method of reckoning variable pensionable allowances for pension purposes.

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GIVEN under the Common Seal of Shannon Free Airport Development Company Limited, this 25th day of September 2009.

The Common Seal of Shannon Free Airport Development Company Limited was affixed in the presence of

J BRASSIL,

Director.

THERESE ROSS,

Director/Secretary.

The Minister for Enterprise, Trade and Employment, approves the making of the foregoing Scheme.

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GIVEN under my Official Seal,

14 October 2009.

MARY COUGHLAN T.D.,

Minister for Enterprise, Trade and Employment.

The Minister for Finance concurs in the approval of the foregoing Scheme.

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GIVEN under the hand of the Minister for Finance,

14 October 2009.

BRIAN LENIHAN T.D.,

Minister for Finance.