Oireachtas Joint and Select Committees

Wednesday, 6 July 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

Pre-legislative Scrutiny of the Companies (Protection of Employees' Rights in Liquidations) Bill 2021: Discussion

Photo of Mick BarryMick Barry (Cork North Central, Solidarity)
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I note the fact that Ms McElwee has not pointed to anything in the Bill which says that there is, of necessity, an increased charge on the State and that she accepts that the Bill changes the order of creditors. I presume she accepts that legislators have the right to change the order of creditors in that regard. If there was a circumstance, and I will conclude on this, where there was an outworking of this development and there was an increase on the Social Insurance Fund, I suggest the way we would do that is to end the position where the contribution to the Social Insurance Fund made by employers in the State is approximately a quarter of what would be the case in other European countries, end the position whereby the contribution from employers in this State is the lowest in the EU and have a more realistic and serious contribution from the employers as a class to the Social Insurance Fund, which can benefit working people.

I will leave it at that.