Results 1-20 of 36 for segment:8888290 in 'Dáil debates'

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Heather Humphreys: I move: "That the Bill be now read a Second Time." Auto-enrolment has been spoken about in Ireland for 25 years. I believe it was the late Seamus Brennan who first raised it. I am delighted at long last to be introducing the legislation in the Dáil which will give effect to auto-enrolment in Ireland. Today is a major milestone and it is the culmination of years of policy...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Donnchadh Ó Laoghaire: Auto-enrolment has been discussed for a lengthy period and, in principle, it is something my party supports and has argued for. However, we are not satisfied with the structure outlined in the Bill. Consequently, we will not be supporting the legislation on this Stage. If substantial changes are made during its passage, we will consider doing so on a later Stage. In principle,...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Louise O'Reilly: I am thankful for the opportunity to make a contribution. Sinn Féin supports the overall idea of auto-enrolment. We have consistently advocated for the introduction of a fit-for-purpose auto-enrolment scheme. In this State, we are very late to this type of pensions policy, as the Minister acknowledged. It is essential, however, that an undertaking as significant as this is done...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Denise Mitchell: The issue of pensions has been discussed for a long time and the Government has now got around to publishing its plan, following on from the initial submissions that were sought for years ago. The Government is trying to address the fact that Ireland is the only state in the OECD without a pension saving scheme for workers after 25 years of its being talked about. However, we need...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Duncan Smith: Auto-enrolment is an issue that has long been talked about. We are glad that we now have a Bill before us. We have reservations about some aspects of the more detailed elements but broadly speaking are supportive of its provisions. The impetus behind auto-enrolment is to address the pension coverage gap and to take steps towards improving the financial security of people in retirement....

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Marc Ó Cathasaigh: I welcome the Bill. It was a key recommendation of the OECD's review of the Irish pension system that we had to increase that supplemental pension coverage. That word "supplemental" is important. Deputy Duncan Smith alluded to it but I do not believe it is within our compass to make any promises about future governments, however. The system is designed to be supplemental and it does not...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Martin Browne: We are living in an ageing society, and it is important we get auto-enrolment right. It is important to provide a financial vehicle to help people to supplement the State pension to enable them greater financial security in retirement, so we must get it right. It is to reward workers and improve their lives post retirement. I refer to the mandatory nature of the automatic opt-in for six...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Gary Gannon: I am grateful for the opportunity to make some points on this Bill and our pension system more generally. I do not want to come across as if I am suggesting that auto-enrolment is without benefit. Many hardworking people with no pension savings will be saving for the first time and will be better off as a result. Overall, however, I wonder about the repercussions. How does this...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Fergus O'Dowd: This is an important debate. When people start talking about pensions, the eyes, especially of young people, tend to glaze over. They do not think about the future until they get nearer to that age, as some of us have. Some of us have passed it. I am ten years past 65 at this stage but I am lucky because I have my health and a good job and I am happy with that, but many people do not have...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Ruairi Ó Murchú: It has been put by many colleagues in the House, particularly Deputy Ó Laoghaire, that a considerable number of us in Sinn Féin would have supported that overall idea of auto-enrolment. It is something for which we would have pushed for a considerable amount of time. An argument can even be made that we are late to the game in that regard. Like an awful lot of other schemes,...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Seán Ó Fearghaíl: Which hubs is the Deputy talking about?

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Ruairi Ó Murchú: It is with regard to people now having to send their stuff, whether it is by email or otherwise. They go into the Intreo office, and it is obviously posted on. I think it is Galway for us. There are also prepaid envelopes. However, a number of people have told me that the stuff has not arrived in time. The number of people who have told me their applications have been cancelled without...

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Seán Ó Fearghaíl: I thank the Deputy.

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Ruairi Ó Murchú: -----but it is something that needs to be dealt with.

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Seán Ó Fearghaíl: I thank the Deputy.

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Ruairi Ó Murchú: If I had more time-----

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Seán Ó Fearghaíl: However, you do not.

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Ruairi Ó Murchú: -----I would be dealing with the issue regarding the ex-Córas Iompair Éireann, CIÉ, workers. I know something is happening in the audiovisual room with regard to this, but the issue was brought to me by Liam and Pat, who would obviously be very good constituents of mine. Go raibh maith agat.

Automatic Enrolment Retirement Savings System Bill 2024: Second Stage (16 Apr 2024)

Seán Ó Fearghaíl: You are some operator I tell you, Deputy Ó Murchú. I call Deputy Bríd Smith.