Dáil debates

Wednesday, 3 December 2014

Social Welfare Bill 2014: Report and Final Stages

 

11:50 am

Photo of Willie O'DeaWillie O'Dea (Limerick City, Fianna Fail) | Oireachtas source

The point in respect of the Robins judgment is that the EU directive on insolvency was interpreted by the European Court of Justice in the Robins case. The decision of the court was that in the event of a double insolvency in a defined benefit pensions scheme, anything less than 49% protection would not be acceptable. The Government has decided to provide 50% protection.

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