Results 7,161-7,180 of 28,255 for speaker:Éamon Ó Cuív

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: That is the whole attraction.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: I understand that would not be legal under EU competition law.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: That is exactly what we are changing. Until now, there was not the same attraction in buying Irish bonds.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: Irish pension funds can buy non-Irish bonds.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: I think it will. It is up to the industry to avail of the scheme once we bring it in. One could buy blended bonds, for example, which are a mixture. Many products could be made available. It seems to be to be a no-brainer that people should be encouraged to buy Irish bonds. The money stays in the country, there is a better return and pension funds become more solvent. Adjustments will be...

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: As the law is written there is no gain.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: If we make it the law it is legal.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: I will put it another way. What would have been said if we had awarded ourselves a 4% payment? For example, civil servants employed before 1995 make a contribution and get a very marginal gain. They get a pro rata State pension and that depends on whether one has ordinary contributions. If we had said we were to get an A rate pension in return for a payment of 4% it would be said we had...

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: It mainly applies to people who hold public office. Given the age profile of judges, the vast majority of them will have made enough contributions during their years as self-employed people to qualify for a State pension, as will many people in this House. Paying the universal charge does not confer any advantage.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: I move amendment No. 2: In page 5, lines 28 and 29, to delete all words from and including "Social" in line 28 down to and including "2010" in line 29 and substitute "Social Welfare and Pensions Act 2010".

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: I move amendment No. 3: In page 5, line 31, to delete "Schedules 1 and 2 " and substitute "Schedules 1, 2 and 3".

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: I move amendment No. 4: In page 5, line 34, to delete "12 and 13 " and substitute "12, 13 and 15 to 26".

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: The Deputy has been given the correct figures many times.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: My Department gave the Deputy the information. It is time that myth was put to bed. The Deputy knows the facts.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: The majority of people who did not sign during the week of the ash cloud were Irish.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: That is what happens every week.

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: The Department's IT systems are continually being upgraded. What happens is that what is now the newest system will be the oldest system in five years time. At that point, what is now the oldest system will have become the newest again in light of the constant circle of upgrades that obtains. The Department has very good IT systems. People tend to underestimate the scale of what the...

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: Deputy Ring and I live in the west. In the area in which I reside, people are more advanced than that. The Deputy is not opposing the specific technology proposed in the Bill, he is opposing the use of any electronic technology for signing on, regardless of how simple it is to operate. I am of the view that he is wrong in opposing this measure but I accept that he has a right to do so....

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: If the people to whom the Deputy refers are that good, would it not be possible for them to forge signatures just as well in front officials?

Social Welfare (Miscellaneous Provisions) (No. 2) Bill 2010: Report Stage (Resumed) and Final Stage (14 Dec 2010)

Éamon Ó Cuív: I assure the Deputies that is not what is intended. All of the systems the Department uses are electronic. Consequently, it is necessary to have the legal ability to use electronic signing and one cannot even try anything without it. It always amuses me when people speak of their lack of trust in electronics. I often ask them whether they are willing to sit in a modern aeroplane because...