Oireachtas Joint and Select Committees

Tuesday, 7 November 2017

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance Bill 2017: Committee Stage

6:00 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I am well aware of that. I have a very clear view on where I want this to go. I want to find a way in which, at a minimum, either some or all of the USC, as it is currently structured, can make a contribution to the firm maintenance of the benefits we have at the moment. I do not have a view on where we are in that continuum. I want to look at ensuring the new benefits for which there is a demand in our society are funded through the social insurance fund, as they should be and as they are in other jurisdictions. We need to see whether we can use a piece of work like this to fund such benefits. That is my long-term objective for this work. The terms of reference will outline some of the thinking about how the group will be able to help me in this regard.

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