RETIRED AVIATION STAFF ASSOCIATION
COMHLACHAS IAR-FHOIREANN EITLEORACHTA
CELEBRATING 50 YEARS 1974-2024
Thank you to RASA members and those who worked tirelessly on behalf of members over five decades.
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RETROACTIVE LEGISLATION TO CUT
PENSION BENEFIT IN PAYMENT
c€66m of monthly pension income taken from retirees .
These reductions started in January 2015
These are additional to no cost of living increases since 2007 and deductions for Pension Levy effective 2011.
These cuts are ongoing
IT CAN HAPPEN AGAIN
RASA Retirees expect Return of the
Pension Promise Broken to a Promise Kept!
Annual income in payment cuts - up to 22.53%
Annual income in payment cuts - up to 22.53%
Cumulative January 2015 - December 2025
Cumulative January 2015 - December 2025
c€66m
c€66m
Retirees were receiving this income and it was taken away.
Retirees were excluded from the Employers buy-out/transfer value or compensation or any mitigation of this pension in payment monthly income reduction.
% of Salary Sacrificed[Deferred Pay] for up to 45 years for their retirement pension
following 'Auto-Enrolment' in Employer Defined Benefit Scheme
====================
DURING DRAW DOWN RETIREES PENSION INCOME REDUCED
Decisions to cut retirees' monthly income were made and signed by Aer Lingus/Daa/SAA company boards/shareholders and Trustees and approved by Irish Pension Authority following Industrial Relations negotiations between Employers, Trade Unions and State.
One third of IASS occupational pension scheme members, with average of 72 years, [in 2015], were targeted for exclusion for benefit reduction mitigation.
They is no voice at the table for retirees in receipt of pension where these decisions to reduce IASS retirees' income were made
These are retroactive changes!!
It can happen again!!!!
RASA is a volunteer organisation.
RASA is a volunteer organisation.
Our aim is to
Our aim is to
- promote and protect the interests of retirees with particular reference to pensions, social welfare, health, travel concessions and other social concerns.
- provide a centre and focal point for retired aviation staff.
Retirees from Aer Lingus, DAA (formerly Aer Rianta),SAA (Shannon Authority) FLS/SR-Technics (formerly Team Aer Lingus) and others are all welcome to join RASA.
Retirees from Aer Lingus, DAA (formerly Aer Rianta),SAA (Shannon Authority) FLS/SR-Technics (formerly Team Aer Lingus) and others are all welcome to join RASA.
Established 1974
Established 1974
ALSAA, Old Airport Road,
ALSAA, Old Airport Road,
Swords, Co Dublin K67 YV06
Swords, Co Dublin K67 YV06
Ireland
Ireland
Note: Due to repair & maintenance work RASA office at Dublin Airport is currently closed
Note: Due to repair & maintenance work RASA office at Dublin Airport is currently closed
Enquiries/General Office/Membership email:
RASA OFFICE VOLUNTEERS ARE HELPING OUT REMOTELY PLEASE SEND QUERIES TO EMAIL ADDRESS ABOVE.
RASA OFFICE VOLUNTEERS ARE HELPING OUT REMOTELY PLEASE SEND QUERIES TO EMAIL ADDRESS ABOVE.
DO JOIN US
DO JOIN US
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