Oireachtas Joint and Select Committees
Wednesday, 8 May 2024
Select Committee on Social Protection
Automatic Enrolment Retirement Savings System Bill 2024: Committee Stage
Heather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source
The role of the board of NAERSA is to look after the interests of the automatic enrolment participants. It will obviously take account of the employers and workers. The Minister who appoints the board will ensure one of the representatives has strong experience regarding the workers. I do not want to be prescriptive in that ICTU is the nominating body. It is up to the Minister to examine all the skill sets put forward. It is very important when choosing a board to set out clearly the various criteria needed because everybody brings a different skill set. I will ensure the interests of employers and workers are included on the board. That is what the legislation proposes and why I cannot accept the amendment.
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