Oireachtas Joint and Select Committees
Thursday, 15 June 2017
Joint Oireachtas Committee on Social Protection
Pension Schemes: Discussion
10:30 am
John Curran (Dublin Mid West, Fianna Fail) | Oireachtas source
It is a policy question because if something is unaffordable, the policy will not be implemented and there are negative consequences. I am looking at the process in terms of where we are going. Mr. Kennedy indicated there is a deficit totalling €3.5 billion. The system is changing from voluntary to mandatory schemes. I am trying to ascertain the capacity of schemes to address the deficit. Is the Pensions Authority going to fast-track the demise of some of those schemes?
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