Timmy Dooley (Clare, Fianna Fail) | Oireachtas source

Prior to the ministerial amendments I had already tabled an amendment to delete section 34. I have seen nothing in the Minister's amendment that would negate the necessity of opposing the section. The Minister will appreciate that this is the first time the Government has sought to legislate for a private pension scheme. That creates great concern. It is well worth noting the deep concern of employees, deferred pensioners and those on a pension. The Minister said during the discussion that a committee had been established by the various stakeholders with a view to bringing forward some long-term resolution for a problem that has existed for many years. I fail to understand the need to legislate right now. I fail to see why we should be trying to second-guess the outcome of these discussions. The Minister said on Second Stage, and repeated today, that he is trying to create a framework that will allow that particular group to come forward with a decision. The Minister makes the excuse that it might be a better use of the Oireachtas's time not to be dragged back during the recess due to the cost implications of recalling the Oireachtas. This issue has gone on for many years and I think it could hold over until the House resumes in September. I would be much more comfortable dealing with primary legislation when we know what we are legislating for. I think this attempted catch-all provision is not the way to proceed.

I appeal to the Minister to withdraw his amendment. I am sure others Members of the House and I will have no problem in facilitating the Minister dealing with this legislation, in the best interests of all concerned, when we know what we are legislating for. We are being asked to look into a dark tunnel and try to create a platform from which a solution will come forward and then try to establish legislative provisions to meet any particular set of circumstances. I do not think that is the appropriate way to do business. I will oppose the section.