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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Paddy Burke: I see.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Paddy Burke: That could bar them.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Paddy Burke: They would have had to have made a complaint to the ombudsman within-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Paddy Burke: I have a further question for Mr. Deering. If a complaint is made and is upheld by the Financial Services Ombudsman Bureau, what redress is available? Where does the individual or group of individuals involved go then?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Paddy Burke: The product could also be a business loan.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Paddy Burke: Ms Goggin spoke about cartels. If the Competition and Consumer Protection Commission found that there was a cartel in operation, be it in the insurance industry, in respect of which it is carrying out an investigation at the moment, or the banking industry, as posited by the Cathaoirleach, what kind of sanctions, if any, can the commission put in place?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters relating to Tracker Mortgage Examination and Consumer Protection Framework: Discussion (7 Dec 2017)

Paddy Burke: Chairman, apologies, I have to go to a vote in the Seanad.

Seanad: Public Service Pay and Pensions Bill 2017: Second Stage (12 Dec 2017)

Paddy Burke: I welcome both the Minister of State to the House and this legislation. As we all know, going back to 2009, the FEMPI legislation was brought in for various reasons. Basically, the economy fell asunder and something had to be done. I compliment this Government and the two previous Governments on the enormous work they did to bring our public finances back to a position where we are...

Seanad: Public Service Pay and Pensions Bill 2017: Second Stage (12 Dec 2017)

Paddy Burke: And Senator McDowell's.

Seanad: Public Service Pay and Pensions Bill 2017: Second Stage (12 Dec 2017)

Paddy Burke: Next Thursday.

Seanad: Public Service Pay and Pensions Bill 2017: Second Stage (12 Dec 2017)

Paddy Burke: Tomorrow at 10.30 a.m.

Seanad: Order of Business (13 Dec 2017)

Paddy Burke: When does the Leader expect the Public Sector Standards Bill 2015 to come before the House? It proposes to set up a commission in place of the Standards in Public Office Commission, SIPO. It will have significant consequences for local authority members across the country, putting onerous obligations on them to comply with the law when it is introduced. The Bill will have to be examined...

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

Paddy Burke: I want to ask about the restoration of pay in 2019 for public servants who are, as it is called, non-covered. What exactly is meant by "non-covered"? Is it people whose pay was not reduced? Is it new entrants? Is it people who had some but not all of their pay cut, as they did not come within the scope of the reductions to pay?

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

Paddy Burke: Can the Senator make the comments relevant to section 26?

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

Paddy Burke: Section 25 has been dealt with.

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

Paddy Burke: I would like to ask the Minister of State about section 33. On the bottom of page 23 of the Bill it says:In the case of the year 2020, the contribution shall be payable—(a) by a relevant person who is a member of a standard accrual pension scheme as follows:(i) where the pensionable pay of the person in that year is less than or equal to €60,000. If pensionable earnings are...

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

Paddy Burke: I thank the Minister for introducing this legislation. This relates to the unwinding of FEMPI legislation and cuts that have been put in place since 2012. I welcome this legislation and hope we can restore full pay and pensions to the people who took many hits over the past ten years. It is well deserved for the people who took the cuts and made sacrifices for the whole nation. I...

Seanad: Public Service Pay and Pensions Bill 2017: Motion for Earlier Signature (14 Dec 2017)

Paddy Burke: I move:That, pursuant to subsection 2° of section 2 of Article 25 of the Constitution, Seanad Éireann concurs with the Government in a request to the President to sign the Public Service Pay and Pensions Bill 2017 on a date which is earlier than the fifth day after the date on which the Bill shall have been presented to him.”

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: I welcome Mr. Byrne and Ms Dooley and thank them for attending the meeting. Deputy Pearse Doherty said that the peak in those offshore accounts went up from €2.4 billion in 2008 to €2.8 billion by 2010. Would it be fair to say that at the time the banks would have been scrambling for deposits, the bank would have to get deposits from wherever it could and that it still kept...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: Are all those deposits taken into account when calculating the capital ratios for the bank?

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