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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New Digital Retirees MyStaffTravel- Dublin. Snn 27/28 April 2026 Cork 21/22 May 2026
RETROACTIVE LEGISLATION INTRODUCED
TO CUT PENSION BENEFIT IN PAYMENT
c€68m 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
NO TRANSFER VALUE OR BUY OUT FOR THESE CUTS MADE TO THOSE ON PENSION IN DECEMBER 2014.
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 - April 2026
Cumulative January 2015 - April 2026
c€68m
c€68m
Retirees were receiving this income and it was taken away.
Pre 2015 Retirees only group of members who were excluded from the Employers buy-out/transfer value and/or mitigation for the cuts to their monthly pension in payment.
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% of Salary Sacrificed[Deferred Pay] made for up to 45 years
for their retirement pension
following 'Auto-Enrolment' into their Employers' 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.
Retired Pensioners, one-third of IASS occupational pension scheme members, whose average age in 2015 was 72 years, were targeted for exclusion for benefit reduction buy-out/ mitigation.
They were excluded from the table where and when these decisions to reduce/cut IASS retired pensioners' current monthly 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
Enquiries/General Office/Membership email:
RASA VOLUNTEERS ARE HELPING OUT REMOTELY
RASA VOLUNTEERS ARE HELPING OUT REMOTELY
PLEASE SEND QUERIES TO EMAIL ADDRESS ABOVE.
PLEASE SEND QUERIES TO EMAIL ADDRESS ABOVE.
DO JOIN US
DO JOIN US
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