Dáil debates

Wednesday, 25 September 2019

Ceisteanna Eile - Other Questions

Pensions Reform

11:50 am

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

First, I apologise as there is an error in Question No. 11. The reference to 2020 should be to 2022. Nevertheless, this is a critically important matter. As the Minister is aware, there is significant pressure on the State pension system due to demographic changes and longevity, among other issues. Only 35% of people in the private sector have their own private pensions. Auto enrolment is a partial solution to this problem. Naturally, we are very anxious that the Government would be in a position to proceed with auto enrolment as quickly as possible. I am concerned about some slippage in the Government's timetable that it set out in the pension document some years ago and I seek clarification on that.

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