Results 1,981-2,000 of 10,460 for speaker:Gerry Horkan

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: I welcome the Minister of State to the House.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: Amendment No. 1 has been ruled out of order.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: Amendment No. 2 has been ruled out of order because of a potential charge on the Revenue.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: Slightly unusually, I ask Deputy Paddy Burke to take the Chair for a few minutes as I want to make a point.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: I move amendment No. 4:In page 17, between lines 19 and 20, to insert the following: “25.The Minister shall, within three months of the passing of this Act, prepare and lay before the Houses of the Oireachtas a report on the restoration of nursing and midwifery allowances by 1 July 2019 and not 1 October 2020.”. Section 23(2) of the Public Service Pay and Pensions Bill 2017...

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: I thank the Minister of State. Following his request, I will withdraw the amendment.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: I move amendment No. 5:In page 19, between lines 32 and 33, to insert the following: “Early pension restoration for retired public servants 28.The Minister shall within three months of the passing of this Act, prepare and lay before the Houses of the Oireachtas a report on restoring all public service pensions by 2019.”. This amendment relates to early pension restoration for...

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: I got so caught up in Senator Norris's contribution that I lost my train of thought.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: The Senator does sometimes. I thank the Minister of State for his response and I am withdrawing the amendment.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: Senator Burke and I have indulged Senator Norris. This section deals with the superannuation provisions.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: Amendment No. 7, in my own name, was ruled out of order. It is not relevant to the subject matter.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: As I am in the Chair I will not speak on behalf of my party but I thank all Members for the way we dealt with the business in an efficient manner this afternoon. I thank the Minister of State for his involvement.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: That is No. 6 on the Order Paper.

Seanad: Public Service Pay and Pensions Bill 2017: Committee and Remaining Stages (14 Dec 2017)

Gerry Horkan: We can conclude No. 5 first.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Gerry Horkan: I thank the Minister for his responses so far. Many of the points I would have raised have been covered. Following the point made by Senator Conway-Walsh, if about 35,000 people have been affected, and the average payout to date was about €30,000, that adds up to approximately €900,000 million, which is roughly 30,000 multiplied by 30,000. That may be where the range of...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Gerry Horkan: Before Christmas, when the Minister met representatives of the banks, he was hoping it would all be resolved by Christmas. Obviously, it was not all resolved by Christmas. Does the Minister believe that the vast bulk of it will at least be significantly addressed? I take on board the Minister's point that people will be made offers, take their cash, bank it and try to move on with their...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Gerry Horkan: The Minister referred to almost 2 million tracker mortgages having been examined. While we can ask the Central Bank, I take this opportunity of the Minister being here to ask if he is familiar with the review process that took place. There are 2 million accounts, involving documentation on individual files. We have talked about 34,000 life stories; this is almost 2 million family life...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Gerry Horkan: That was all done by Central Bank staff as opposed to by internal bank people.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Gerry Horkan: Therefore, we are relying on the bank staff in the relevant banks subject to audit. Audit is a test process, as the Minister knows. We are relying on Bank of Ireland and AIB to inform us as to how many of their customers were affected, subject to a testing of their systems. Is that the case?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Discussion (16 Jan 2018)

Gerry Horkan: The Minister mentioned the four banks. I believe representatives of four or five banks have appeared before the committee. I believe the Minister referred to 15 other providers his in his opening speech. What processes took place for all those banks, some of which are no longer here? In some cases there are legacy managing agents, managing out those mortgages, but they are not looking for...