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Jobs Initiative 2011: Statements (Resumed) (11 May 2011)

Michael McGrath: We had a jobs budget-initiative that was well flagged by Government, yet this document did not warrant a mention, which surprised me. Surely something that is in the pipeline and will deliver employment warrants a mention. However, the Minister for Finance chose not to mention it. The NewERA policy was the cornerstone of the Fine Gael economic and jobs strategy and it disappeared from the...

Jobs Initiative 2011: Statements (Resumed) (11 May 2011)

Michael McGrath: The cornerstone of the Fine Gael jobs policy did not make its way into the jobs initiative, even by way of reference or comment. That is a reasonable point to make.

Jobs Initiative 2011: Statements (Resumed) (11 May 2011)

Michael McGrath: The Minister with responsibility for public expenditure and reform, Deputy Howlin, in a radio interview this morning in response to an earlier interview I gave, referred to his belief that I did not realise there was such a thing as DIRT tax. The difference, of course, is that DIRT tax is applied to interest earned on savings. It is not a tax on capital, people's savings. To my knowledge,...

Jobs Initiative 2011: Statements (Resumed) (11 May 2011)

Michael McGrath: It is how people will measure it.

Jobs Initiative 2011: Statements (Resumed) (11 May 2011)

Michael McGrath: Not since they got elected.

Garda Investigations (11 May 2011)

Michael McGrath: I thank the Ceann Comhairle for selecting this matter for the Adjournment debate. Yesterday, Mr. Justice Kelly issued a decision in the High Court refusing to sanction an application for a six month extension of time in the investigation by the Garda Síochána and the Director of Corporate Enforcement into certain matters concerning Anglo Irish Bank. Instead, he gave the investigators...

Written Answers — Special Educational Needs: Special Educational Needs (11 May 2011)

Michael McGrath: Question 77: To ask the Minister for Education and Skills the position regarding a child's application for a place to enrol in a special speech and language class at a school (details supplied) in County Cork.. [10798/11]

Written Answers — Health Services: Health Services (11 May 2011)

Michael McGrath: Question 150: To ask the Minister for Health and Children the position regarding a child's application for a place to enrol in a special speech and language class at a school (details supplied) in County Cork. [10797/11]

Requests to move Adjournment of Dáil Under Standing Order 32 (12 May 2011)

Michael McGrath: I request the adjournment of the Dáil to raise the decision of the Health Service Executive to terminate all funding to Rape Crisis Network Ireland and Safe Ireland, affecting all existing and planned work on preventing and addressing child sexual abuse and sexual and domestic violence; and the totally inadequate terms of reference issued for the selection of a future service provider.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: I thank the Minister for attending and for taking some questions on the jobs initiative on which there has been a positive debate during the past few days. The levy on pension funds could be described as a wealth tax except that it does not appear to apply to the wealthy, instead it applies to ordinary workers, pensioners and the unemployed who may have pension funds. Will the Minister...

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: Yes. I have a number of questions.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: The Minister means tax deferral. Tax is still paid when the funds are drawn down.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: I am just pointing out a simple fact.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: The Minister means pensioners not pension funds.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: The Minister will be aware that most defined benefit pension funds are experiencing a funding crisis. How does he suggest such funds should meet the obligation of this levy? The Minister is putting in place a disincentive for companies wishing to bridge the deficit in their pension funds. For example, where a company's pension fund has a deficit of €40 million and it wishes to bridge...

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: Is the Minister planning legislation to allow the pensions of existing pensioners to be reduced?

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: They are all in ARFs which would be exempt.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: I thought the Government was trying bring down energy prices.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: It worked well for the Minister.

Jobs Initiative 2011: Statements (Resumed) (12 May 2011)

Michael McGrath: Look where he ended up.

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