Joan Collins (Dublin South Central, People Before Profit Alliance)
Link to this: Individually | In context | Oireachtas source

I did not read the entire report in detail, but the main point is that it is age-related and how to tackle the subvention in that regard.

A rumour was going around about linking pensions to inflation, which would reduce them further, but we know pensions are already one third of the average industrial wage and quite low for people trying to survive on them. It is a very difficult question to deal with and the only way to do it is a subvention increase over a period of time. I will return to a point touched on by Deputy Ó Snodaigh. If we reach full employment by how much would the amount going into the fund be increased? I believe the figure is €8 billion at the present level of unemployment.