Mr. Tim Duggan:

The report of the Commission on Pensions is about sustaining the social insurance fund as a mechanism for maintaining State pension payments into the future. It is not about increasing them massively but about maintaining them. The AE system is about massively increasing somebody's income in retirement, above what they will get in the State pension because the State pension will not be adequate for most people's income needs when they reach retirement. They are two totally different things.