Oireachtas Joint and Select Committees

Thursday, 1 June 2017

Joint Oireachtas Committee on Social Protection

General Scheme of Social Welfare and Pensions Bill 2017: Discussion

10:00 am

Photo of Denise MitchellDenise Mitchell (Dublin Bay North, Sinn Fein) | Oireachtas source

I have a brief question about defined benefit schemes.

The moves the Department are making are very positive. I have a concern about some of the defined schemes. We have seen some schemes beginning to unwind even though they have a surplus of €150 million in them and have never had a deficit. Can the witnesses confirm the legislation could override any rules within the schemes?

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