Dáil debates

Tuesday, 17 May 2022

Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions

Pensions Reform

8:20 pm

Photo of Heather HumphreysHeather Humphreys (Cavan-Monaghan, Fine Gael) | Oireachtas source

The pensions commission's report was published on 7 October 2021. It contained almost 250 pages of analysis, consideration and recommendations. The report established that the current State pension system is not sustainable into the future, and it set out a recommended approach for the Government. In the interests both of older people and future generations of older people - the young people of today - I assure the Deputy that the Government is considering the comprehensive and far-reaching recommendations in the commission's report very carefully and holistically. My officials are examining each of the recommendations and consulting across the Government through the Cabinet committee system. The views of the Joint Committee on Social Protection, Community and Rural Development and the Islands and the Commission on Taxation and Welfare are also being considered as part of these deliberations.

Following detailed consideration of all these inputs, and taking on board the views of my ministerial colleagues, I intend bringing a recommended response and implementation plan to the Government in the coming weeks. I accept that this is somewhat later than planned, but I am sure that the Deputy will understand that the issues raised, and views expressed by the Oireachtas joint committee and others, require careful consideration. In addition, as she will also appreciate, the Government and my Department have been centrally involved in the response to the crisis in Ukraine and other important matters in recent weeks.

The State pension is the bedrock of the pension system in Ireland. It is extremely effective at ensuring that our pensioners do not experience poverty. The Government is committed to ensuring that this remains the case for current pensioners, those nearing pension age and today's young workers, including those who are only starting their careers. I hope this clarifies the matter.

Comments

No comments

Log in or join to post a public comment.