Mr. Tim Duggan:

As I say, if the committee wishes to make this point, then it would obviously be a matter for the Minister for Finance in the first place and so on. The only thing I would say to the Deputy is that technically what he said was correct about how some people would do better in either a private or occupational scheme in terms of their net income following all the machinations, at the high rate.

The ones at the low rate, however, will do better under AE. Therefore, three out of four of the Deputy’s constituents who will be in AE will be delighted.