Stephen Donnelly (Wicklow, Independent)

The point is that poverty impact analysis would be very useful. I also have a issue with the phasing. I understand it will be extended by two years. However, the people, who find they need to work the extra years, are at the end of a projected working life. They now need to go back to employers and ask to be kept in employment for the next two years, which will be a potential problem.

I also have an issue with the entire concept of these contributions. It takes no account of the amount of money people are contributing through PRSI and their tax. It is based on an archaic stamp system, which is from an old world where people went into jobs for life. We will have a major problem with, in particular, people in negative equity who will not have a huge amount and will be relying on these.

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