Oireachtas Joint and Select Committees

Thursday, 11 April 2019

Joint Oireachtas Committee on Social Protection

Scrutiny of the Pensions (Amendment) (No. 2) Bill 2017: Irish Association of Pension Funds and Irish Congress of Trade Unions

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

Remarks were made about auto enrolment and total contributions that were somewhat an aside to the Bill. They will be dealt with in separate proceedings of this committee. We expect the Minister to come back to the committee on that. Some years ago the perception was that the total contributions would be over a 30-year cycle but because of the remedy the Minister introduced on the 2012 issue a 40-year cycle is now under consideration. We expect the debates on auto enrolment and total contributions will be dealt with in other proceedings of this committee. We had the Minister here previously. She has made opening statements so they are not concluded.

Before I conclude, are there any elements of the Bill proposed by Deputy O'Dea about which Dr. Bambrick or Mr. Hannigan have concerns or that they believe should be modified in any way?

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