Four ESB employees, who began working with the company on varying dates since 1978, brought the actions last October alleging the ESB has wrongfully insisted the pension scheme is now a ‘defined contribution’ scheme, meaning what a person receives on retirement is no longer guaranteed. Photograph: Eric Luke/The Irish Times

A legal challenge by four ESB workers alleging the company had deliberatly failed to address a €1.7 billion deficit in the company’s pension scheme ha(...)

The ESB offices on Fitzwilliam Street, Dublin. Photograph: Cyril Byrne.

ESB unions expect a result from a ballot of members on a proposal to take industrial action over the €1.5 billion deficit in the State-owned compan(...)

ESB unions plan to take the first step in balloting workers to strike over the €1.7 billion hole in the company’s pension plan next month. Last month workers held a meeting to voice concerns about their pensions, on the street outside the ESB Headquarters in Dublin, as the AGM took place inside. Photograph: Eric Luke

ESB unions plan to take the first step in balloting workers to strike over the €1.7 billion hole in the company’s pension plan next month; and four of(...)

The ESB confirmed yesterday Minister for Communications, Energy and Natural Resources Pat Rabbitte wrote  to  it  this week asking it to pay the additional dividend of €65 million this year.

The Government is seeking an extra €65 million dividend from the ESB on top of the €74 million that the State-owned energy group recently paid to the (...)

The €400 million payment is pending the sale of some of the group’s power plants.

A legal action by ESB workers to block the company from paying up to €478 million in dividends to the Exchequer will get its first airing in court nex(...)

ESB workers hold a protest over concerns about  pensions outside ESB headquarters in Dublin. The demonstration took place as the company held its annual general meeting inside. Photograph: Eric Luke/The Irish Times.

The ESB is facing the possibility of legal and industrial action as a row over a €1.6 billion deficit in its staff pension fund deepens.An estimated 4(...)