Dáil debates
Wednesday, 28 June 2006
Pension Provisions.
1:00 pm
Richard Bruton (Dublin North Central, Fine Gael)
In the context of the migration away from defined benefit pensions, I notice the Irish Congress of Trade Unions has suggested that part of the problem is the demanding accounting standards that pertain. It has put forward a proposal for a scheme under which the State would act to some extent as a holding company for the purchase of the annuities. Is this something the Minister has examined and is he well disposed towards the concept?
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