Willie Penrose (Westmeath, Labour)

Has the Minister discussed this matter with IBEC or ICTU because he must be aware those bodies hold differing views? Has he given any consideration to the soft mandatory pensions and how they are being reviewed in England?

Can the Minister do anything to make the personal retirement savings account, PRSA, more attractive to people? Why did people not take it up despite the fair wind of publicity it received? What was the trigger that caused it to fail so notably? Had it been taken up, the situation we face 20 or 30 years from now would surely not be the urgent matter the Minister is rightly addressing.

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