Oireachtas Joint and Select Committees

Wednesday, 12 February 2014

Joint Oireachtas Committee on Education and Social Protection

Implications for Employees of Changes to Pension Age: Discussion

2:10 pm

Dr. Orlaigh Quinn:

On the backdating of the homemaker's scheme, €300 million is my estimate, but I can confirm this for the Senator. There was a very significant cost involved in giving people a pension where the income was not available in the Social Insurance Fund and where contributions had not been made.