Michael Creed (Cork North West, Fine Gael) | Oireachtas source

The arrangement for a 75%:25% split in payments is provided for in legislation that has been in place for a long time. We could have decided not to open GLAS III and to pay everybody or open it for far fewer, but our ambition was to get as many members into the scheme as possible and pay the full five years' payment to all who complied with the terms of the scheme. That is what we will do.