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

The crisis in defined benefit pension schemes has been highlighted in a number of media outlets this morning. The Minister will be aware that 600,000 people are affected by the situation. If nothing changes and things continue as they are, many of them will get nothing, despite having paid into pension schemes all their lives, and many will get much less than they had anticipated and had been led to expect. What are the Government's plans or proposals to deal with the issue? It used to be the looming pension crisis; it is now the present pension crisis.

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