Dáil debates

Wednesday, 18 December 2013

Social Welfare and Pensions (No. 2) Bill 2013 [Seanad]: Report Stage (Resumed) and Final Stage

 

3:15 pm

Photo of Róisín ShortallRóisín Shortall (Dublin North West, Independent) | Oireachtas source

I move amendment No. 4:

In page 9, between lines 19 and 20, to insert the following:
“9. The Principal Act is amended by inserting a new section 48A as follows:
“48A. A solvent firm shall not be allowed to wind-up a defined benefit pension scheme except where the scheme has reached a level of 100 per cent under the funding standard, subject to a maximum pension benefit of €60,000.”.”.

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