Mr. Tim Duggan:

It will override certain rules. As Deputy O'Dea pointed out many defined benefit pensions schemes have notification periods built into them. Sometimes there is no period at all but three to six months is typical. They are all different. This will ensure the minimum is 12 months. It will override rules. The level of commitment required by an employer under the trust rules will be overwritten by the fact that the Pensions Authority can impose a schedule of contributions in the event the process goes that far.