Pearse Doherty (Donegal, Sinn Fein)
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Does Mr. Hogan have any view on the 4% when we look at the interest rates that are prevailing at present? The deferral is something to which a person is legally entitled. Not only must that money be provided at some point in the future but there is also an interest rate of 4%. No bank in the State will provide a person with a 4% interest rate on any savings.