Seán Sherlock (Cork East, Labour) | Oireachtas source

I move amendment No. 25:

In page 88, between lines 17 and 18, to insert the following:

“Hindering the displacement of occupational pension schemes

129. An employer shall not wind up or freeze a qualifying occupational pension scheme in place after the commencement of this Act for a period of 10 years.”.

Again, it speaks to my original amendment No. 3 on essentially building in firewall provisions to protect employers responding to the cheaper pension auto-enrolment option by closing down good workplace pensions. That is essentially what it is.