Oireachtas Joint and Select Committees

Tuesday, 7 November 2023

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Finance (No. 2) Bill 2023: Committee Stage

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Section 17 relates to retirement annuity contracts, RACs. I have a specific question. No new contract can be approved after 1 January of next year. What happens to the existing RACs that have been approved? Can top-ups still be applied? Can they continue to make contributions and benefit from the existing criteria?

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