Dáil debates

Tuesday, 21 February 2017

2:30 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

Deputy Broughan's question is perfectly valid. It is part of the sacrifices that people have put up with over the last number of years in order to return the economy to a safer place. I agree that this is a budgetary matter and must be reflected on over a number of budgets. Clearly the process by which the budget for 2018 will be constructed is starting now. The Minister for Public Expenditure and Reform has made a number of comments about this, as has the Minister for Finance, in terms of the financial emergency measures in the public interest, FEMPI, legislation and the successor to the Lansdowne Road agreement. The points that Deputy Broughan mentioned are valid for many people.

This morning the Government noted that the Social Insurance Fund has a surplus of over €400 million for the first time in many years and that is an issue where money in surplus will have to be dealt with. A full review of that is being carried out. Clearly with the Low Pay Commission about to make its recommendations over the period ahead, the issue of PRSI and pensioners and those who are caught between 65 and 66 is obviously an issue as well.

This issue must be dealt with here and the Deputy has pointed out in timely fashion that this issue must be looked at as the Departments prepare their initial proposals for budget 2018. Depending on the financial position in which the Ministers find themselves, the Government will make decisions on how best to distribute that with a sense of fairness for everybody and those who have taken the punishment that Deputy Broughan has pointed out will be considered for whatever redemption is possible in the time ahead.

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