Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The Minister of State maintains that the Government is simply carrying over provisions that already exist in respect of section 42, whereby the Government can raid the National Pensions Reserve Fund. In fairness, it has been this Government more than the Fianna Fáil-Green Party Government that has raided the fund. Perhaps the writing was on the wall, but the current Government was in place in March 2011 when the majority of the National Pensions Reserve Fund was taken and invested into the pillar banks. The argument that the provision was in place and that the Government was simply carrying it over does not stack up.

The point of our amendment-----

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