John Curran (Dublin Mid West, Fianna Fail) | Oireachtas source

Before I take questions, I have one or two technical points about which I would like clarity. The second last slide indicated benefits and the pay-out phase. It is hugely important that people understand that. It is one of the main reasons people do not take out pensions. It is because they do not have confidence in what will be there at the end of the day. The clarity, narrative and description around it are really important.

I want to confirm one or two points. It was indicated twice during the presentation that the Department looked at what was the target group. It was said that it was people between 23 and 60. Effectively, the 23-year-olds would have 45 years so that is 68. Is 68 the earliest age that is envisaged for pension draw down?