Dáil debates

Wednesday, 17 January 2018

Other Questions

Pension Provisions

11:30 am

Photo of Regina DohertyRegina Doherty (Meath East, Fine Gael) | Oireachtas source

I am sorry to have been smiling at the Deputy, but it is a case of déjà vubecause his colleague asked the same question about an hour ago. I assure the Deputy that there will be a roadmap. If an agreement is reached this week or next week, it will be very clear what we can do and when. I again say that it will involve new money that I do not currently have.

The Deputy asked whom we looked at when doing the report. We looked at everybody who has already been affected. I do not know who might be affected next month or next year until they apply - they probably do not know. Therefore, I can only look at the people currently on the books. I have an estimation of the people who will be affected. Obviously, whatever changes we make will affect the people who have already been affected and affect people who have not been affected yet.

In answer to the Deputy's second question, the homemaker's credit is not part of the anomaly relating to the people who have had a reduced pension because of the averaging system over their lifetime. Therefore, it does not form part of the report whatsoever. The report will be published on Tuesday and the Deputy will be able to see clearly what we have looked at and the options to be put to my Cabinet colleagues on Tuesday.

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