Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

One question Deputy Pringle wanted to ask was whether it will be possible under the Bill for a company to restructure a pension scheme more than once in circumstances where restructuring is allowed? Owing to a restructuring plan implemented by a company, could one lose 10% to 20% of what one expected and then lose the same again, perhaps on multiple occasions, if the under-funding problem persisted? In the framing of the Bill, will the Minister do the absolute minimum required by the European Union or will she do the maximum by really putting the priorities of workers and pensioners first in dealing with under-funded pension schemes? It seems she is acting for the minimum rather than the maximum.

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