Dáil debates

Tuesday, 7 November 2017

Other Questions

Pension Provisions

5:55 pm

Photo of Brian StanleyBrian Stanley (Laois, Sinn Fein) | Oireachtas source

I would welcome a decision to keep the matter under review. In addition to the people in question working hard, money is flowing into the economy on the back of taxes they paid over a long period. The Minister will be aware that, depending on the value of sterling, the differential between the Irish and British state pensions fluctuates. Questions sometimes arise about how the gap in value between the two pensions should be bridged. Depending on the contributions a person made in Britain, his or her pension from the British state may amount to £130 or £140. Currency fluctuations mean that the value of the pension expressed in euro will change. Thankfully, the Irish State pension is higher than the British state pension, which means that bridging the gap in value is an issue. Do people have a statutory entitlement in that regard?

In the context of Brexit, I read the criteria regarding the bilateral social security agreement with other member states. Is the Department discussing this issue with its counterpart in Britain in the context of Brexit?

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