Pat Rabbitte (Dublin South West, Labour)

During the course of the discussion he explained that £2,300 per day was not at all excessive considering all the costs they had. He said: "Why, only today I had to write a cheque for £58,000 towards my own pension". There are two different worlds that do not collide. This resolution is still quite generous. Of course, I have no intention of opposing it. It is fair.

The budget contains little to incentivise pension savings for the great mass of the people. This is a rather focused resolution to address inequity. While it is overdue, I entirely welcome it. However, on the matter of incentivising, I was somewhat surprised that the Minister made no reference to SSIAs. If he dealt with it, I did not hear it.

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