Aindrias Moynihan (Cork North West, Fianna Fail) | Oireachtas source

Dr. O'Connor referred earlier to PRSI on earned income and on unearned income, and he made the distinctions on that. That unearned income, whether it is from rent or whatever, is coming to the pensioner who has generated and earned it by working throughout his or her life to create it and paid the tax on it. I am trying to figure out why there would be a distinction there and they would be paying on that. The private pension, for example, was saved for and generated by the person throughout his or her life. I am trying to get a handle on Dr. O'Connor's view on that in the context of PRSI.