Oireachtas Joint and Select Committees
Wednesday, 28 November 2012
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Public Expenditure and Reform
Estimates for Public Services 2012
Vote 12 - Superannuation and Retired Allowances (Supplementary)
2:40 pm
Brian Hayes (Dublin South West, Fine Gael) | Oireachtas source
The advice that we have obtained, which was set out in the Minister's reply to the Deputy, was that a move to introduce close to a 100% rate of pension reduction on pensions over €100,000 could likely lead to the courts finding that such a complete restriction of property rights could give rise to legal difficulties and we set out that advice for the Deputy. We must be mindful of advice given to us.
The Deputy referred to the FEMPI legislation. That was emergency legislation, not normal legislation.
No comments