Ray Butler (Meath West, Fine Gael)
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I wish to comment on pensions. I welcome the Minister's warning that people should not rely on the State pension. When I was self-employed I paid into a pension for nearly 17 years but I received my first statement only since the Government took office. I was taken aback by it and did not know what the statement was for. For 16 years I did not know what had happened to my pension. Thankfully, the Government has introduced rules and regulations for pension schemes, and firms must give statements.

Unfortunately, we are in the terrible situation that many people cannot afford a private pension and we will face serious problems ahead. People will not be able to retire. The way pensions were treated by the previous Administration was scandalous.