Dáil debates

Thursday, 8 December 2016

Questions on Proposed Legislation

 

12:55 pm

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

In light of the absolutely despicable treatment of workers in Independent newspapers by two of the richest people in the country, Denis O'Brien and Dermot Desmond, and the decision of a profitable company to further boost its financial position by slaughtering the pension entitlements of its workforce and pulling out of a defined-benefit pension scheme, does the Government propose any legislation to prohibit profitable companies from pulling out of defined-benefit pension schemes? It is one thing where the company is making a loss, but these are profitable companies which are just boosting their profits and slaughtering their workers' pension entitlements.

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