Kathleen Lynch (Cork North Central, Labour)

I move amendment No. 17:

In page 25, to delete lines 13 to 44 and substitute the following:

"(2) In this section "referable amounts in respect of each calendar year or part of a calendar year", in relation to a calendar year or part of a calendar year of service, means—

(a) in the case of a pension, an amount calculated at a rate of—

(i) 0.58 per cent of the Scheme member's pensionable remuneration for that year or part of a year of service that is less than or equal to 3.74 times the value of the contributory State Pension at that time and, in respect of such service, as adjusted when not working on a full-time basis by reference to the proportion that the number of hours worked bears to the number of hours that would have been worked if working on a full-time basis, and

(ii) 1.25 per cent of the Scheme member's pensionable remuneration for that year or part of a year of service that is greater than 3.74 times the value of the contributory State Pension at that time and, in respect of such service, as adjusted when not working on a full-time basis by reference to the proportion that the number of hours worked bears to the number of hours that would have been worked if working on a full-time basis,

and

(b) in the case of a lump sum payment, an amount calculated at a rate of 3.75 per cent of the Scheme member's pensionable remuneration for that year or part of a year of service as adjusted, when not working on a full-time basis, by reference to the proportion that the number of hours worked bears to the number of hours that would have been worked if working on a full-time basis,

and as adjusted thereafter, until payment of the pension and lump sum arises in accordance with this Part, by reference to such adjustments as may arise as provided for in section 40.".

These amendments, despite looking extraordinarily complicated, are technical and minor. The first is to the section that calculates the benefit for the majority of public servants. It simply involves the realignment of a subsection and, therefore, the drafter advised it necessitated the removal and reinstatement of the entire subsection. The amendment is to make the "as adjusted thereafter" clause cover both paragraph (a) and paragraph (b). The Bill, as cleared by the committee, only covered paragraph (b). It should include "pension and lump sum" whereas it included only "pension". The amendment seems more complicated than it is but the adjustment is very minor and technical.

See this speech in context