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Results 21-40 of 1,022,804 for in 'Dáil debates' OR in 'Committee meetings' (speaker:Tom Kitt OR speaker:Paul Murphy OR speaker:Martin Heydon OR speaker:Thomas Gould)

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Donnchadh Ó Laoghaire: I have said my piece on the legislation in general. I commend the work that has gone into it. The whole area of auto-enrolment is vitally important. We have significant reservations about the management of the funds. That will be discussed further in the Seanad, but I recognise the work that has gone into the Bill. In principle, auto-enrolment is certainly a big piece of the jigsaw. As...

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Heather Humphreys: I thank the Deputies for their co-operation and support. This is transformational legislation. It will affect many of the workers of tomorrow and of today. I was speaking to a group of schoolchildren this morning. They were 16 and 17. It will impact on their lives down the road. It will also impact future generations. It took 25 years to get this far, so I compliment everyone on...

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Question put: The Dáil divided: Tá, 75; Níl, 36; Staon, 0. Tellers: Tá, Deputies Hildegarde Naughton and Cormac Devlin; Níl, Deputies Pádraig Mac Lochlainn and Denise Mitchell.

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Tá Cathal Berry, Colm Brophy, James Browne, Richard Bruton, Colm Burke, Peter Burke, Jackie Cahill, Holly Cairns, Dara Calleary, Ciarán Cannon, Jennifer Carroll MacNeill, Patrick Costello, Simon Coveney, Michael Creed, Cathal Crowe, Cormac Devlin, Alan Dillon, Paschal Donohoe, Francis Noel Duffy, Bernard Durkan, Damien English, Alan Farrell, Peter Fitzpatrick, Joe Flaherty,...

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Question declared carried.

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Catherine Connolly: The Bill will now be sent to the Seanad.

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Seán Sherlock: I move amendment No. 39: In page 88, between lines 17 and 18, to insert the following: “Hindering the displacement of occupational pension schemes 129. An employer shall not wind up or freeze a qualifying occupational pension scheme in place after the commencement of this Act for a period of 10 years.”. In order that I am ad idem with the Leas-Cheann Comhairle, this...

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Donnchadh Ó Laoghaire: I support all that Deputy Sherlock said. It is vitally important we ensure no room for manoeuvre exists for people who will look to exploit the system, or will look to not give some categories of workers their full entitlements, and that we work to avoid that. The points were well made. I welcome Deputy Ó Cathasaigh's amendments and commend him on them. I also commend the Minister on...

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Heather Humphreys: I acknowledge the amendments tabled by Deputy Ó Laoghaire, but the auto-enrolment scheme will not be invested in through private pension providers. That will not happen. It will be invested in through investment providers in the same way the NTMA invests the State's money. This will involve the savings of members of the scheme. It is set up in such a way as to protect members. It is...

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Seán Sherlock: The Minister has not advanced her position since Committee Stage. I accept that. We are now in the arena where the Minister has to take a position on what is in the preliminary legal advice. I appreciate that. However, there are other channels of communication, through her departmental officials and stakeholders out there in the ether who are very interested in this legislation, whereupon...

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Heather Humphreys: I move amendment No. 24: In page 50, line 22, to delete "Part" and substitute "Act".

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Amendment agreed to.

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Heather Humphreys: I move amendment No. 25: In page 51, line 11, to delete "contract" and substitute "investment management contract between the Authority and that person".

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Amendment agreed to.

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Heather Humphreys: I move amendment No. 26: In page 52, line 2, to delete "and".

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Amendment agreed to.

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Heather Humphreys: I move amendment No. 27: In page 52, line 6, to delete "section." and substitute "section, and".

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Amendment agreed to.

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Heather Humphreys: I move amendment No. 28: In page 52, between lines 6 and 7, to insert the following: "(d) without prejudice to paragraph (c), the extent to which a scale and methodology, and custom and practice, referred to in that paragraph take into account climate-related risks.". This amendment comes about in response to an amendment tabled by Deputy Ó Cathasaigh on Committee Stage....

Automatic Enrolment Retirement Savings Systems Bill 2024: Report and Final Stages (22 May 2024)

Marc Ó Cathasaigh: I thank the Minister for taking what I had proposed to the OPC and coming back with an amendment. Of course, I had originally two individual amendments on this but the OPC found a better place to do it with one amendment. As the Minister said, it is in section 69, which provides for AE provider schemes and risk levels. I am firmly of the opinion, as the impact of climate change will...

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