Kathleen Lynch (Cork North Central, Labour)

Calculating 50% of one's final salary is a much cleaner approach. The figure of €60,000 would have to be returned to time and again because, no matter what condition the country is in 20 years from now, constant review will be required. If one applies a ceiling of 50% to the final salary, it comprises an absolute. It is very clear and straightforward as to how one would proceed.

As I said at the outset, when considering legislation, one must always regard it as the last ever Bill. We all know this is not true because legislation must be reviewed and updated constantly but that is how one must approach it. Calculating 50% of one's final salary represents the most reasonable and concrete approach. The Minister believes this absolutely.

If one considers the reductions to the pay scales of those who are earning more than the average and applies the 50% ceiling, one is coming close, albeit not close enough, to what is desired.

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