Oireachtas Joint and Select Committees

Wednesday, 14 December 2022

Joint Oireachtas Committee on Social Protection

Automatic Enrolment Retirement Savings Scheme Bill: Discussion (Resumed)

Photo of Paul DonnellyPaul Donnelly (Dublin West, Sinn Fein) | Oireachtas source

We could go very deep on the complex calculations regarding what rent will be in the future. A simple solution would be a European model of security of tenure for people who rent together with rent controls. That is a very simple model that would allow us to ensure that, into the future, it is not the private market or free market that decides what the rent will be in 20 years.

One matter I will raise that is very interesting relates to the age of 23 for automatic enrolment. The rationale that was talked about is most people are in college at that age. Do we have statistics - maybe I missed them - on people who are in work from the ages of 16 to 23 and people who are in college? What is the difference percentage-wise?

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