Dáil debates

Wednesday, 22 May 2024

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages

 

3:05 pm

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

I thank the Irish Congress of Trade Unions, from which I have taken a very direct line. That will be obvious to everyone who has been watching the amendments we have put forward. That is only natural because I am a member of the Labour Party. This is good legislation. I would like to have seen it improved, but it is good for workers. If I may say so, the Minister has done a very good day's work here, as have her officials, in promulgating this legislation. It could be transformative as regards the very simple concept and ideal of ensuring that people have enough to put bread on the table when they reach their retirement years. It is about ensuring the security blanket of having an income when you reach the autumn and winter years of your life. That is a very good thing for any society to seek to achieve.

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