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14/02/2014
National Lottery Accept Terms Of Employment Transfer
Staff at the National Lottery have voted to accept the terms of transfer surrounding the potential sale of the business to Premier Lotteries Ireland (PLI).
The government plans to sell the National Lottery (NL) to PLI for a reported €405 million. PLI is a consortium made up of Ontario Teachers' Pension Plan, An Post and An Post pension funds.
It was the second time staff at the NL, most of whom are on secondment from An Post, were balloted over the terms of transferring to the new employer, the first ballot ending in a tie on 31 January.
Unions had called for staff who did not wish to transfer and work for the new lottery operator to be allowed to revert to their original employer.
In a second vote of the issue a majority of staff voted to accepted revised terms. Members of the Civil Public and Services Unions had voted against the terms but are bound by the aggregate vote in favour.
Funds from the sale of the National Lottery have been allocated to the construction of the new National Children's Hospital.
(MH/IT)
The government plans to sell the National Lottery (NL) to PLI for a reported €405 million. PLI is a consortium made up of Ontario Teachers' Pension Plan, An Post and An Post pension funds.
It was the second time staff at the NL, most of whom are on secondment from An Post, were balloted over the terms of transferring to the new employer, the first ballot ending in a tie on 31 January.
Unions had called for staff who did not wish to transfer and work for the new lottery operator to be allowed to revert to their original employer.
In a second vote of the issue a majority of staff voted to accepted revised terms. Members of the Civil Public and Services Unions had voted against the terms but are bound by the aggregate vote in favour.
Funds from the sale of the National Lottery have been allocated to the construction of the new National Children's Hospital.
(MH/IT)
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